FX.co ★ Trading tips for gold

Gold shifted to a correction, while the stop-loss area for sellers remains untouched. This can be taken as a good opportunity to open long positions in the market.

So, starting from the current prices, take a sell position and limit risks to 2030. Take profit upon a breakdown of 2051.

The trading idea follows the framework of the "Price Action" and "Stop Hunting" strategies.

Good luck in trading and don't forget to control the risks! Have a nice day.