#XAU/USD #Analysis
Description
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+ GOLD price is currently trading inside the triangle and the price has been ranging since May
+ I'm expecting the price to break downwards as the overall trend on lower timeframe is bearish.
+ We have good opportunity for a short trade here.
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VectorAlgo Trade Details
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Entry Price: 2311.453
Stop Loss: 2325.813
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Target 1: 2304.801
Target 2: 2300.000
Target 3: 2290.430
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Timeframe: 1H
Capital Risk: 1-2% of trading amount
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ GOLD price is currently trading inside the triangle and the price has been ranging since May
+ I'm expecting the price to break downwards as the overall trend on lower timeframe is bearish.
+ We have good opportunity for a short trade here.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 2311.453
Stop Loss: 2325.813
------------------------------
Target 1: 2304.801
Target 2: 2300.000
Target 3: 2290.430
------------------------------
Timeframe: 1H
Capital Risk: 1-2% of trading amount
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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.
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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.