FX.co ★ Trading idea for gold

Therefore, following a successful short initiative on Friday, gold prices declined by 50%, returning to the range of profitable sales. We provide a trading suggestion to bring down gold quotes.

In actuality, "ABC" has a three-wave structure, with the Friday short initiative serving as one of the waves.

Take into account short positions with a rollback of 50 and 61.8% on Fibo in accordance with the plan depicted.

The dangers only apply to 1810. The break-down of the profit should be 1764, 1726, and 1613.

The "Price Action" and "Stop Hunting" methods are used to frame the trading concept.