📉 GOLD - Sell Setup
🔹 Date: 07 May 2025
🔹 Pattern: Double Top + Break of Trendline
🔹 Entry Zone: 3387 - 3397 (Strong Resistance Rejection)
🔹 Confirmation: Clear rejection from previous supply area (highlighted in red), with break below ascending trendline.
🔹 Target 1: 3350
🔹 Target 2: 3337
🔹 Stop Loss: Above 3400
🔹 Risk/Reward: Solid setup with favorable RRR.
🔹 Date: 07 May 2025
🔹 Pattern: Double Top + Break of Trendline
🔹 Entry Zone: 3387 - 3397 (Strong Resistance Rejection)
🔹 Confirmation: Clear rejection from previous supply area (highlighted in red), with break below ascending trendline.
🔹 Target 1: 3350
🔹 Target 2: 3337
🔹 Stop Loss: Above 3400
🔹 Risk/Reward: Solid setup with favorable RRR.
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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.
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.