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FX.co ★ Trading idea for gold

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Forex Analysis:::2021-04-28T10:57:31

Trading idea for gold

Trading idea for gold

As expected, gold is moving towards the mirror level, just below which is where many buyers placed their stops in the market.Trading idea for gold

The main target is to reach 1676, and the scenario for this look like this:

Trading idea for gold

Therefore, it is not really a good idea to open long positions, as doing so may lead to large losses.

(The plan above follows Price Action and Stop Hunting strategies)

Good luck!

Analyst InstaForex
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