FX.co ★ Trading tips for gold

Gold moved down as expected, completing the Elliot Wave. This gave traders a record profit of around 4,000 pips.

Plan:

The yellow metal broke through the bottom of wave "A" during yesterday's US session, enabling traders to take profit.

Development:

Huge congratulations to those who followed the trading plan presented last June 26! Gold moved more than 4,000 pips!

For those who have not closed their positions yet, you can do so at current prices.

The second target level is 1786.

This strategy is based on the Price Action and Stop Hunting methods.

Good luck and have a nice day!