Long GOLD at $1750

We been waiting for breakout and It has been trading sideways $1700-$1750 for a month.

Use the following playbook:

𝕸𝖆𝖗𝖐𝖊𝖙 𝕸𝖊𝖘𝖘𝖎𝖆𝖍 @AlphaVN

Conviction selling > $1700 Longs can put a tight stop loss > 1750 (Price High) Or consider shorting below $1730 The Dead money zone is 1730-1750.

7:01 AM ∙ May 18, 2020

Original Thesis:

𝕸𝖆𝖗𝖐𝖊𝖙 𝕸𝖊𝖘𝖘𝖎𝖆𝖍 @AlphaVN

#GOLD is a currency and highly rated. $GLD is low beta - good for this environment. Long ABOVE $1750 or stay BELOW in trading purgatory. MM 11:11

4:12 AM ∙ Apr 23, 2020