FX.co ★ Trading tips for gold

Previous trading tips for gold pointed at a decrease in prices after the release of the US CPI report.

Plan:

As expected, prices fell sharply, thereby updating the September low.

Development:

Congratulations to those who followed the strategy! Gold moved by as much as 4,000 pips.

Although investors may close part of their positions now, the target is still the price level of 1675.

The "Price Action" and "Stop Hunting" methods were used as basis of the trading plan.

Good luck and have a nice day! Don't forget to control the risks.