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Forex Analysis:::2020-05-06T06:50:09

Trading idea for Gold

 Trading idea for Gold

Good afternoon traders! Here is a trading idea for gold.

Through the "Price Action" and "Stop Hunting" methods, a pin bar formed in the trend, which left the traders a double top in the D1 time frame.

 Trading idea for Gold

Bullish mood persisted at the US session for the past three days, which put pressure on the trend line:

 Trading idea for Gold

We suggest increasing the pair to take profits at the levels 1714 and 1722.

Do so until a breakout below 1694.

Good luck!

Analyst InstaForex
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