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24.01.2024 12:15 PM
Tips for trading gold
Market players continue to evoke breakdowns in gold, which could lead to an upward trend.

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Looking at this situation, traders should open long positions from a pullback to a breakdown, setting stop loss at 2022. Take profit upon the breakdown of 2038 and 2063.

The trading plan follows the framework of the "Price Action" and "Stop Hunting" strategies.

Good luck in trading and don't forget to control the risks! Have a nice day.

Andrey Shevchenko,
Analytical expert of InstaTrade
© 2007-2025

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