My trade idea:
Shorting gold within triangle (weekly chart: www.tradingview.com/x/jM7SVSa7/) IF the price increases close enough to the resistance area (roughly 1285-1287,70).
I am going to trade the idea in the following way:
Stop Loss: roughly 1302
Get in: roughly 1282-1285
Take profit: roughly 1225
R/R Ratio: roughly 3
Shorting gold within triangle (weekly chart: www.tradingview.com/x/jM7SVSa7/) IF the price increases close enough to the resistance area (roughly 1285-1287,70).
I am going to trade the idea in the following way:
Stop Loss: roughly 1302
Get in: roughly 1282-1285
Take profit: roughly 1225
R/R Ratio: roughly 3