Channel trading strategy is most beneficial for Gold traders

Market activity is low and no serious trends are expected. Therefore, Gold traders may be interested in a channel trading strategy now. The price has sharply crossed the 200 simple moving average and created a nice fractal. If you use it as a level for entering a position, then the price will still have a power reserve to the nearest resistance level of 1819.00. Thus, you can earn 1000 pips on the impulse inside the channel.

Symbol: XAUUSD
Order Type: Pending Order - Buy Stop
Entry Price at 1809.00
Take Profit at 1819.00
Pips Earning: 1000

Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1830
USDJPY sell at the price of 109.95
GBPUSD buy at the price of 1.3885
USDCHF buy at the price of 0.9225