The gold market can experience sudden price hikes due to fundamental situations. If the war situation remains stable, there might be a possibility of some corrections in gold prices from a technical point of view. However, it is essential to note that trading against the market trend can be risky.
I opened this trade because of the reasons explained in the chart above. My initial target price is $1951.
I opened this trade because of the reasons explained in the chart above. My initial target price is $1951.
Comment:
In 1965, I saved half of my profits and made the trade risk-free.