AndersTrading

Let’s move SL to 3542 to avoid the spike

Gold sell now : 3534-3537 SL: 3540 TP 1 : 3531 TP 2 : 3527 Proper risk management is the key to success in trading

Economic Cycle in Trading.

Economic cycles, also known as business cycles, refer to the fluctuations in economic activity over time, typically measured by changes in GDP (Gross Domestic Product).

Phase of the cycle: 1. Expansion (Growth Phase) 2. Peak 3. Contraction 4. Trough

These cycles are crucial for understanding how different phases of the economy affect asset prices and market trends.

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130 pips running in profit📉✔️ Set breakeven ‼️

100 pips running in profit 📉✔️ Set breakeven ‼️

50 pips running in profit 📉✔️ Set breakeven ‼️

30 pips running in profit 📉✔️

Gold buy now : 3544-3541 SL: 3538 TP 1 : 3547 TP 2 : 3551 Proper risk management is the key to success in trading