The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
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Good day, dear traders! I present a trading idea for gold.
So, after a strong, long initiative during the Asian session, the instrument transitioned into a short correction and is now testing the long breakout zone, from which the long trend could continue.
I suggest considering long positions on a pullback at the long breakout level.
Limit risks at 4998. Take profit upon breaking 5030.
The trading idea is presented within the framework of the "Price Action" and "Stop Hunting" methods.
Wishing you success in trading and managing your risks!
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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