15.08.2022
Chicago 12, Melborne City, USA
Reviews

Forex Analysis & Reviews: 04.07.2022

Relevance up to 05:00 2022-07-05 UTC+00

Exchange Rates 04.07.2022 analysis

Gold continued to decline last Friday, completing the Elliot wave (ABC pattern) that was mentioned last June 26. This gave traders a record profit of around 5,500 pips.

Plan:

Exchange Rates 04.07.2022 analysis

Development:

Exchange Rates 04.07.2022 analysis

Huge congratulations to those who followed the trading plan! As mentioned earlier, gold moved by about 5,500 pips!

The strategy was based on the Price Action and Stop Hunting methods.

Good luck and have a nice day!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2022

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