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15.03.2024 02:21 PM
Tips for trading gold
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Following the release of US statistics, dollar rose in price, which led to a decrease in gold prices. However, Wednesday's low was not breached, creating an excellent target for finding buyer liquidity

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Sell euro and work for a pullback toward the breakout area. Set stop-loss at 2176, and take profit upon the breakout of 2150.

The trading idea 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.

Andrey Shevchenko,
Analytical expert of InstaTrade
© 2007-2025

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