Gold is trading within an ascending channel on the 3H timeframe. Price has reached the upper boundary, signaling a potential reversal.
🔻 Sell Entry: Around 2,989
🎯 Take Profit 1: 2,950
🎯 Take Profit 2: 2,920
🛑 Stop Loss: 3,024
Price may first test 2,950 before continuing its drop to 2,920. A break above 3,024 will invalidate this setup.
📊 Follow for more gold trading signals! 🚀 #XAUUSD #GoldTrading
🔻 Sell Entry: Around 2,989
🎯 Take Profit 1: 2,950
🎯 Take Profit 2: 2,920
🛑 Stop Loss: 3,024
Price may first test 2,950 before continuing its drop to 2,920. A break above 3,024 will invalidate this setup.
📊 Follow for more gold trading signals! 🚀 #XAUUSD #GoldTrading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.