Main Quotes Calendar Forum
flag

FX.co ★ Trading tips for gold

parent
Forex Analysis:::2022-03-28T10:51:46

Trading tips for gold

Trading tips for gold

There are 2 strategies that traders could do to break though the double top at 2075.

Trading tips for gold

The first one is to take long positions in order to offset the 50% dip from last week's growth and break through Thursday's low this morning.

Trading tips for gold

A false breakdown can be worked out according to this scheme:

Trading tips for gold

If 1937 is broken, not by a false, but by a true breakdown, then the next attempts to buy gold will be made below 1890, with a much greater growth potential.

These ideas are under the Price Action and Stop Hunting strategies.

Good luck and have a nice day!

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...