empty
 
 
08.12.2022 12:07 PM
Trading idea for gold

This image is no longer relevant

Therefore, following a successful short initiative on Friday, gold prices declined by 50%, returning to the range of profitable sales. We provide a trading suggestion to bring down gold quotes.

In actuality, "ABC" has a three-wave structure, with the Friday short initiative serving as one of the waves.

Take into account short positions with a rollback of 50 and 61.8% on Fibo in accordance with the plan depicted.

The dangers only apply to 1810. The break-down of the profit should be 1764, 1726, and 1613.

The "Price Action" and "Stop Hunting" methods are used to frame the trading concept.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback