Short Gold: breakout below key support and strong USD pressure signal continued downtrend amid fed bets

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Updated on Nov 20, 2024
Reading time 1 minutes

Short Gold: breakout below key support and strong USD pressure signal continued downtrend amid fed bets

Closed Profit

Signal timeline

Stop loss $2,711.00 (-1.35%)
Current price marker
Entry zone $2,675.00
Current price marker
$2,680.00
Current price marker
Take profit 1 $2,650.00 (0.93%)
Current price marker
Take profit 2 $2,630.00 (1.68%)
Current price marker
Take profit 3 $2,604.00 (2.65%)
Live price unavailable $2,604.00

Trading signal summary

Buy/sell asset Sell
Entry zone $2,675.00 - $2,680.00
Stop loss $2,711.00
Portfolio risk 1%
Leverage 1X
Take profit 1 $2,650.00
Take profit 2 $2,630.00
Take profit 3 $2,604.00
Est. trade duration 2-4 week
Maximum profit 2.65%
Maximum loss -1.35%
Overall trade risk Low