It looks like My analyzing a potential short trade setup for gold. Here’s a quick breakdown:
Entry: Sell at 3043
Stop Loss: 3050 (70-point risk)
Targets:
3033 (first target, +100 points)
3022 (second target, +210 points)
3006 (final target, +370 points)
Key Considerations:
Breakout Confirmation: If gold is near the trendline, watch for a strong break below it to confirm bearish momentum.
Support & Resistance: Check if 3033 or 3022 have strong historical support levels.
Volume & Momentum: Look for increased selling pressure before entering.
Risk-Reward Ratio: First target offers ~1.4:1 ratio, better at lower targets.
Entry: Sell at 3043
Stop Loss: 3050 (70-point risk)
Targets:
3033 (first target, +100 points)
3022 (second target, +210 points)
3006 (final target, +370 points)
Key Considerations:
Breakout Confirmation: If gold is near the trendline, watch for a strong break below it to confirm bearish momentum.
Support & Resistance: Check if 3033 or 3022 have strong historical support levels.
Volume & Momentum: Look for increased selling pressure before entering.
Risk-Reward Ratio: First target offers ~1.4:1 ratio, better at lower targets.
Trade active
GOLD TRADE ACTIVE FROM 3043 keep hold in sell position target 1st 3022 and 3006Note
gold touch 3025 profit runing 220 pips keep hold in sell posotionNote
keep hold in sell position target 3006 hold in selln almost 220 pips reached keep holdTrade closed: target reached
sell Entry: 3043Take Profit: 3006 .,400 pips (Successfully Reached!) target all hit.
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Gold Signal's with proper TP & SL for high profit opportunities..
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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Gold Signal's with proper TP & SL for high profit opportunities..
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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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.