Kereskedési feltételek
Products
Eszkozok
Last week, we gave a trading recommendation to set up short positions in gold in order to decrease its rate in the market.
Yesterday, amid a fairly strong volatility in the market, the quotes finally managed to break the target level, collapsing by almost 4,000 pips.
Development:
Gold was able to break the level of 1850 amid the unexpectedly strong news on US PMI:
Such gave rather good profit to gold bears, so, a huge congratulations to those who followed this simple trading strategy!
(Price Action and Stop Hunting were used for the approach)
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.