xauusd gold h4 analysis sell 2889
You're looking to sell XAU/USD at 2879 with a target of 2860. That means you're aiming for a 19-pip (or dollar) move downward.
Key Considerations:
Risk Management:
Set a Stop-Loss above 2879 (e.g., 2885 or higher) to limit losses in case of reversal.
Ensure your risk-reward ratio is at least 1:2 if possible.
Technical Confirmation:
Check for resistance levels near 2879.
Look for bearish patterns (e.g., double top, bearish engulfing).
Confirm with indicators like RSI (overbought), MACD crossover, or moving averages.
News & Fundamentals:
Watch for economic data (NFP, CPI, FOMC) that could impact gold price movement.
USD strength/weakness will affect gold’s price action.
Would you like a more detailed analysis with charts or key levels? 🚀
Key Considerations:
Risk Management:
Set a Stop-Loss above 2879 (e.g., 2885 or higher) to limit losses in case of reversal.
Ensure your risk-reward ratio is at least 1:2 if possible.
Technical Confirmation:
Check for resistance levels near 2879.
Look for bearish patterns (e.g., double top, bearish engulfing).
Confirm with indicators like RSI (overbought), MACD crossover, or moving averages.
News & Fundamentals:
Watch for economic data (NFP, CPI, FOMC) that could impact gold price movement.
USD strength/weakness will affect gold’s price action.
Would you like a more detailed analysis with charts or key levels? 🚀
Trade active
wow thats awesome target gold market touching on 2879
my 100 pips running profit guesss
keep hold on my 2860 target okk
Trade closed: target reached
wow thats amzing target gold touching on 2873
160 pips profit runnning guess
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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 US AND KEEP GROWING YOUR INCOME DAY BY DAY
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.