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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

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.

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


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