FX.co ★ Trading tips for gold

Gold rallied after the NATO summit on Thursday, breaking through $1,950, the first target presented at the trading plan last Wednesday.

Plan:

Development:

Congratulations to those who followed the idea as gold moved by more than 350 pips!

For those who have not taken profits, close part of your position at current prices. Then, wait for the second target, which is the high of 2020 and 2022 - $2,075.

This idea is based on the Price Action and Stop Hunting strategies.

Good luck and have a nice day!