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06.09.202110:56 Forex Analysis & Reviews: Trading idea for gold

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 06.09.2021 analysis

Gold hit $ 1833 on Friday, following the projections presented last August 27 and September 1 .

Exchange Rates 06.09.2021 analysis

It happened amid disappointing data on the US labor market.

Exchange Rates 06.09.2021 analysis

Plans:

Exchange Rates 06.09.2021 analysis

Exchange Rates 06.09.2021 analysis

Results:

Exchange Rates 06.09.2021 analysis

Congratulations to those who followed the strategy and took long positions in gold!

The movement was as much as 4,000 pips.

The strategy put forward was based on Price Action and Stop Hunting methods.

Good luck and have a nice day!

Andrey Shevchenko
Analytical expert of InstaForex
© 2007-2024

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