FX.co ★ Trading plan for GOLD for January 20, 2022

Hello, dear traders! I present to you my trading plan for gold.

So, on January 18, I made an assumption that gold would rise to 1830 after a pullback.

The instrument moved just as I had expected. It pulled back to the indicated levels and then went up, reaching the target.

Trading plan:

Those who followed my trading recommendation, I offer my warmest congratulations! The yielded profit totaled 2,500 pips.

My advice for those who still remain long would be to close your long positions at the current price with 3,500 pips of profit.

I use strategies such as Stop Hunting and Price Action when drawing up my trading plan.

Have a nice trading week! Always remember about risk control!