Gold
Buy- London metals desk
- High conviction
- 5 to 10 sessions
- Entry
- 3988.000
- Stop loss
- 3930.000
- Take profit
- 4220.000
Risk / reward 1 : 4.0
Price has held the rising 50-session average on three separate tests while real yields drifted lower. We are buying the third test with a stop beneath the structure, targeting the untouched supply shelf above.
Analyst desk note · updated