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Gold shifted to a correction, while the stop-loss area for sellers remains untouched. This can be taken as a good opportunity to open long positions in the market.
So, starting from the current prices, take a sell position and limit risks to 2030. Take profit upon a breakdown of 2051.
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.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.