Stay 
Trading Conditions
Products
Tools
Yesterday was a busy day. First, there were data on US GDP and jobless claims, both of which were below forecasts.
The second news came from Jackson Hole, which resulted in the gold daily candle closing with a bullish pin bar. Because of this, spot gold traded at 1833 and indicated a potential continuation of the upward trend.
This suggests that long positions should be limited to at least a false breakout of 1833. Then, after that, traders can target 1672.
This strategy follows the Price Action and Stop Hunting methods.
Good luck and have a nice day!
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.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
