FX.co ★ Trading idea for gold

Gold skyrocketed to above $ 1,787 yesterday after the publication of the US inflation data.

Such is in line with the forecast and strategy presented in this article: Trading idea for gold

Plan:

Result:

Congratulations to those who followed the strategy and took long positions in the market! Congratulations as well to those who did not get into sales.

As seen in the chart, gold moved as much as 4,000 pips. The next target is $1,833.

This analysis is based on Price Action and Stop Hunting strategies.

Good luck and have a nice day!