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17.04.202600:42 Forex Analysis & Reviews: Trading Idea for Gold with Two Movements

Relevance up to 13:00 UTC--4

Good day, dear traders! I present to you a trading idea for gold.

So, after a strong bullish initiative during the American session, the instrument has stopped between two breakpoints, allowing for potential gains in both directions according to the following scheme:

I suggest a trading idea: a decline in the quotes from the short breakdown (red zone), with a risk at 4823 down to the green zone; and, further, an increase from the long breakdown (green zone), with a risk at 4772 up to the red zone at 4812.

This trading idea is presented within the framework of the "Price Action" method and "Stop Hunting."

Wishing you success in trading, and remember to manage your risks!

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Andrey Shevchenko,
Analytical expert of InstaSpot
© 2007-2026
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