Trading the Trend - 19th October 2022: Short gold

Name: Trading the Trend - 19th October 2022: Short gold
Uploaded: 2022-10-20T02:17:11+0100
Duration: PT2M39.467S
Description: Trading the Trend - 19th October 2022: Short gold

In this week’s Trading the Trend, IG analyst Axel Rudolph FSTA looks to remain short gold but to lower the original stop loss from $1,736 to break even (the entry level) whilst still targeting $1,610.

Commodities Gold Risk

Written by: Axel Rudolph FSTA | Senior Market Analyst, London

Publication date: 2022-10-20T04:45:34+0100

Last week’s 1:1.68 risk/reward ratio thus becomes a potentially “risk free” trade.

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