FX.co ★ Trading tips for gold

Gold failed to break through the 2020 low and sharply rolled back by almost half of its growth since 2021. Today, it even fell to 1870, the first support level.This situation opens an opportunity for traders to take long positions up to $2,075. That will give profit of about 20,000 pips.

If gold does not turn around in that area, then the next target could be $1,675.

The potential profit in that is as much as 45,000 pips.These trading ideas are based on the Price Action and Stop Hunting strategies.Good luck and have a nice day!