FX.co ★ Trading idea for gold

Contrary to what was projected , gold did not decline nor reached the target prices.

Plan:

Current scenario:

Instead, it continued to climb up and is likely to hit 1833 in the coming days. If this happens, bearish traders can set up transactions according to this strategy:

Potential movement for this scenario is as much as 20,000 pips! The target is the price level 1675. Begin the plan as soon as gold breaks down 1833.

Good luck and have a nice day!

(The trading idea presented above follows both Price Action and Stop Hunting methods)