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CFDs on Gold (US$ / OZ)

XAUUSD 15-MINUTE TIMEFRAME CHART

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XAUUSD, 15-minute timeframe chart

XAUUSD retested the Resistance level of 3026

👉General outlook
XAUUSD has been trading in a sideways market for the last couple of hours. The pair moved to the Resistance level of 3026.

👉Possible scenario
The best way to use this opportunity is to place a sell order at 3025

Set your stop loss at 3031 below the previous low ($6.00 loss for 0.01 lot) and take profit at 3010 ($15.00 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.

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Supply and DemandSupport and ResistanceTrend Analysis

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.
Supply and DemandSupport and ResistanceTrend Analysis
QAZIFXTRADER
MAKE YOUR SELF MILLIONAIRE
t.me/forex_signalz_qa
JOIN ME ON TELEGRAM
t.me/forex_signalz_qa
FREE SIGNAL AVAIALBE IN TELEGRAM CHANNEL
Also on:

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.