FX.co ★ Tips for trading gold

As expected, the metal did dip in Thursday, as dollar demand rose after the release of strong statistics from the US. This caused gold to break through the level of 1950.

Congratulations to everyone who followed the given trading idea! The average gain amounted to 3,500 pips.

Close short positions now to get profit!

The strategy came from the framework of the "Price Action" and "Stop Hunting" methods.

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