Via TradingView Ideas
New World Capital - Article 3
Gold OANDA:XAUUSD
godoffinances
Trade Opportunity.
XAUUSD
As Gold stopped us, we ended losing 1% of our portfolio. And this result was totally expected. In the case Gold rallies and end the week higher, the liquidity is of paramount importance. And to generate a liquidity high enough for Gold to move higher, a number of Stop Losses proportionally high enough need to be triggered for better price offers by virtue of the *invisible hand operating for the good and perfect equilibrium of International Markets.
There are about 4 hours left before the session ends which diminishes the volatility every seconds that pass but also increase the probability of an unforeseen event working in our favor in deadlines need to be met.
Buy Gold @$2,324
TP@ $2,358
SL@ $2,317
Risk: 1% - 10%
Reward: 4%+ - 40%+
Day Trade
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