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20.03.202311:04 Forex Analysis & Reviews: Trading tips for gold

Exchange Rates 20.03.2023 analysis

The trading strategy presented on March 1 sought to increase the rate of gold to $ 2,000.

Plan:

Exchange Rates 20.03.2023 analysis

That is exactly what happened this morning, when the quote reached the important psychological mark of $ 2,000.

Exchange Rates 20.03.2023 analysis

Congratulations to all those who followed the plan! The movement was as much as 17,000 pips.

Traders could close part of the long positions for profit.

The trading idea was based on the "Price Action" and "Stop hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Andrey Shevchenko,
Analytical expert of InstaSpot
© 2007-2024
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