Micro Gold Futures

Initiated a short position in GOLD, successfully reached target

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Gold may show bullish momentum at today’s open due to several key factors:

Safe-Haven Demand: Rising inflation or economic instability often drives investors toward gold, bolstering its appeal.

Weaker Dollar: A softer dollar makes gold more attractive to international buyers, supporting price gains.

Interest Rate Outlook: Speculation around potential rate cuts or pauses makes holding gold more favorable, reducing its opportunity cost.

Geopolitical Uncertainty: Tensions or instability in global markets can increase demand for gold as a safe asset.

Technical Factors: A recent break above resistance or strong support levels can trigger technical buying, reinforcing an uptrend.






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avrage order value 2786.8, we are now at the highs, trailing stop
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great trades back 2 back

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