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FX.co ★ Tips for trading gold

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Forex Analysis:::2024-01-26T01:43:03

Tips for trading gold

A breakdown occurred in gold, following the strong upward momentum during the US session.

Tips for trading gold

Looking at this situation, market players could consider long positions from the pullback from 2019 and set stop loss at 2008. Take profit upon the breakdown of 2039 and 2063.

Tips for trading gold

The trading plan 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.

Analyst InstaForex
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