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19.12.2019 10:25 AM
Trump's impeachment and gold

Tonight, the US House of Representatives voted to impeach Trump, accusing him of abuse of power and trying to put pressure on the President of Ukraine to investigate the son of Joe Biden - the son of a presidential candidate and his direct rival, as well as obstructing the work of Congress.

The distribution of votes:

1. Abuse of authority: "for" - 230, "against" - 197.

2. Obstruction to Congress: "for" - 229, "against" - 198.

Then it's up to the Senate. There will be a judicial investigation and a vote. For Donald Trump to leave his post – it will be necessary to gain 2/3 of the votes in the Senate. I remind you that in the Senate, the majority belongs to Republicans who are against impeachment.

I propose a trading idea to increase the rate of gold in connection with the above news:

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Technically, the idea is based on the rejection of Price Action patterns and the "Hunt for Stops" system.

I recommend accurate implementation of the plan with smaller timeframes in the American session and also work out the idea of BUYLIMIT for today's high.

Good luck with trading and control risks!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
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