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FX.co ★ Trading tips in gold

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Forex Analysis:::2021-11-19T08:38:27

Trading tips in gold

Gold continues to decline, putting pressure on buyers.

Trading tips in gold

The main driver was the latest data on US jobless claims, which remained neutral, pulling buyers into a market trap.

This scenario indicates that traders should work for a fall or refrain from taking long positions, at least until a false breakdown of $ 1,841 - $ 1,848.

This analysis is based on the Price Action and Stop Hunting strategies.

Good luck and have a nice day!

Analyst InstaForex
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