Good afternoon traders! Here is a trading idea for gold.
Through the “Price Action” and “Stop Hunting” methods, a pin bar formed in the trend, which left the traders a double top in the D1 time frame.
Bullish mood persisted at the US session for the past three days, which put pressure on the trend line:
We suggest increasing the pair to take profits at the levels 1714 and 1722.
Do so until a breakout below 1694.
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Trading idea for Gold