HELLO TRADERS, KINDLY SHARE YOUR OPINION ABOUT MY ANALYSIS 👇👇
XAUUSD, 15-minute timeframe chart
XAUUSD tested the support level of 2982
👉General outlook
XAUUSD has been trading in a sideways market for the last couple of hours. The pair moved to the Support level of 2982.
👉Possible scenario
The best way to use this opportunity is to place a buy order at 2983
Set your stop loss at 2976 below the previous low ($7.00 loss for 0.01 lot) and take profit at 3000 ($17.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
ASK ANY QUESTION AND SHARE YOUR OPINION 👇👇