FX.co ★ Trading tips for gold

The previous trading plan in gold talked about decreasing its price according to this scenario:

That is exactly what happened during the US session on Friday, when gold dropped sharply and updated the low of 1916. Traders can now close their positions for profit.

Congratulations to those who followed the strategy! Gold moved by more than 1,700 pips.

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.