### **Gold Trade Setup (Buy Now)**
- **Entry Price**: 3280
- **Target Price**: 3432 (**+152 points potential profit**)
- **Stop Loss**: 3360 (**-80 points risk**)
### **Key Points:**
1. **Risk-Reward Ratio**:
- **1:1.9** (Reward is nearly twice the risk, which is favorable).
2. **Trade Management**:
- If price moves favorably, consider **trailing the stop loss** to lock in profits.
- Watch for **trend line breaks or resistance tests** near the target.
3. **Confirmation Needed**:
- Ensure the trend line is validated (at least **2-3 touches** for reliability).
- Check for supporting indicators (e.g., **RSI bullish divergence, moving averages**).
4. **Potential Concerns**:
- Stop loss (3360) is **above entry (3280)**, suggesting this might be a **sell-triggered stop loss** (verify if direction is **long/short**).
- If this is a **sell trade**, adjust interpretation accordingly.
### **Actionable Advice**:
✅ **Execute if**: Trend confirms bullish (higher lows, breakout).
❌ **Avoid if**: Price breaks below the trend line before entry.
Let me know if you'd like help refining the setup! 🚀
- **Entry Price**: 3280
- **Target Price**: 3432 (**+152 points potential profit**)
- **Stop Loss**: 3360 (**-80 points risk**)
### **Key Points:**
1. **Risk-Reward Ratio**:
- **1:1.9** (Reward is nearly twice the risk, which is favorable).
2. **Trade Management**:
- If price moves favorably, consider **trailing the stop loss** to lock in profits.
- Watch for **trend line breaks or resistance tests** near the target.
3. **Confirmation Needed**:
- Ensure the trend line is validated (at least **2-3 touches** for reliability).
- Check for supporting indicators (e.g., **RSI bullish divergence, moving averages**).
4. **Potential Concerns**:
- Stop loss (3360) is **above entry (3280)**, suggesting this might be a **sell-triggered stop loss** (verify if direction is **long/short**).
- If this is a **sell trade**, adjust interpretation accordingly.
### **Actionable Advice**:
✅ **Execute if**: Trend confirms bullish (higher lows, breakout).
❌ **Avoid if**: Price breaks below the trend line before entry.
Let me know if you'd like help refining the setup! 🚀
Trade active
trade activeNote
wow amazing gold running 370 pipsTrade closed: target reached
target done 3430
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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.
📲 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.