Gold opened with a gap higher during the Asian session, showing strong short-term bullish sentiment. However, there is no ideal level to chase the upside at the moment.
From a risk-reward perspective, entering at elevated prices carries high risk, so chasing the move is not recommended.
In contrast, crude oil offers a better trading setup:
• Tight and controllable stop-loss
• Larger upside potential
• Lower overall risk
Strategy:
👉 Gold: Stay patient, wait for pullback or structure confirmation
👉 Crude Oil: Light long positions with strict risk control
#Gold #XAUUSD #CrudeOil #WTI #Forex #Commodities #Trading #DayTrading #TechnicalAnalysis #RiskManagement #MarketOutlook #AsiaSession #FX #Traders #Investing
David(001)
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