logo

FX.co ★ Trading idea for gold

Trading idea for gold

Trading idea for gold

The strategy presented yesterday can still be used to bring gold to 1675. In fact, the potential move today could be as much as 6,000 pips.

Trading idea for gold

All that is needed is to maintain the existing short positions, or to open a new one to provoke another decline.

Trading idea for gold

So, to those who already sold at the mirror level with 1: 1 profitability, nothing should be changed. But for those who do not have a position, there is now a great opportunity to do so. This time, profitability is 1:10 so not miss this chance!

The idea above follows both Price Action and Stop Hunting strategies. Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account