Long to your short entry
Boomer gold is still bearish, but shorting here has low R/R
This is a mean reversion trade
For tokenized gold, I personally prefer PAXG, but XAUT is fine too if your broker/exchange doesn't have PAXG.
As always,
Not a financial advice.
BTCUSD
XAUUSD
PAXGUSD
XAUTUSD
This is a mean reversion trade
- High volume profile node
- D1 RSI oversold - potential mean reversion
- Price is far from D1 kijun - potential mean reversion
- Dumped harder than the other precious metals
- Millenial gold (BTC) might've just bottomed and may help boomer gold's recovery
For tokenized gold, I personally prefer PAXG, but XAUT is fine too if your broker/exchange doesn't have PAXG.
As always,
Not a financial advice.
BTCUSDXAUUSDPAXGUSDXAUTUSD
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.