lollerfirst

Flight to safety

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
As the Pax Americana draws to a close and turmoil, political polarization become stronger and conflicts become more frequent, GOLD regains his charm as a safe asset to shield from inflation.

Would enter here at a 1953 with the support of the 50 MA and have a 1:1 risk ratio with a TP at 2050 (5% * (2 or 5 leverage) = 10-25%) and a SL at 1853.11 (-5% * (2 or 5 leverage) = -10-25%)
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