I think so. The question is whether the position will hold and not hit the stop loss.

Gold with No Drama

Finally, a waterfall up to 4540

Gold with No Drama

I'm still in. So far, so good. Let's see if it breaks below 4600. The waterfall hasn't happened yet, and I still believe it will come

Gold with No Drama

I like short positions because the downward movement is usually large and fast. At the same time, with a good entry, you can have a really good RRR. You just have to expect a lower percentage of successful trades.

Gold with No Drama

Now I would like to see the waterfall. We'll see.

Gold with No Drama

I am short at 4627. My target is 4600. Maybe lower at 4560.

Gold with No Drama

What price of gold is too high? Just a rhetorical question.

Gold with No Drama

Look at the huge triangle on the daily chart. We'll see if it breaks through or returns to 4100.

Gold with No Drama

Yeah. Short target on 1.025

EURUSD only

A big short opened.

Cable Update (GBPUSD)