FX.co ★ Trading tips for gold

The previous trading plan for gold talked about increasing the price after a false breakout in the market

Plan:

As expected, quotes rose during yesterday's US session, which made it possible to close part of the long positions on the first target.

Development:

Congratulations to those who followed the strategy presented earlier! Gold prices increase by over 2,000 pips.

To those who have not yet taken profit, you may do so at current prices.

The trading idea was based on the "Price Action" and "Stop Hunting" methods.

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