Forex Gold forecast for today

  • Oct 11 2022
  • by
  • Analyst AZA
Forex Gold forecast for today

Forex Gold forecast for today

The precious metals market is in decline. The price of Gold continues to fall. Following the technical analysis on the GOLD chart, the downtrend is gaining momentum and may continue. Our gold trading strategy is to open a short position as soon as the price breaks the fractal level. You can take a profit after 2000 pips without waiting for new lows.

Symbol: XAUUSD
Order Type: Pending Order - Sell Stop
Entry Price at 1660.00
Take Profit at 1640.00
Pips Earning: 2000

How to start forex trade:
EURUSD sell at the price of 0.9670
USDJPY buy at the price of 145.90
GBPUSD sell at the price of 1.1000
USDCHF buy at the price of 1.0020

Result of a trading recommendation for Gold from AZAforex

Trading economics commodity
The profit can be $200.00 if the trading volume of 10 Tr. Oz.


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