Gold (XAUUSD) Long
If the price comes to 3339.40
Long Entry: 3339.4
Stop Loss: 3324.20
Take Profit: 3375.54
Trade Idea (Long):
Gold has shown bullish continuation following a corrective pullback. The entry at 3336.82 targets a key resistance zone at 3375.54, with a stop loss below recent structural support. This setup anticipates a final push into liquidity before reversal.
Bearish Outlook After TP:
After reaching the 3375.70 level above, gold is expected to face strong resistance and potentially reverse. The area acts as a key supply zone above 3376, and early signs of rejection or bearish structure could offer short opportunities from that level.
If the price comes to 3339.40
Long Entry: 3339.4
Stop Loss: 3324.20
Take Profit: 3375.54
Trade Idea (Long):
Gold has shown bullish continuation following a corrective pullback. The entry at 3336.82 targets a key resistance zone at 3375.54, with a stop loss below recent structural support. This setup anticipates a final push into liquidity before reversal.
Bearish Outlook After TP:
After reaching the 3375.70 level above, gold is expected to face strong resistance and potentially reverse. The area acts as a key supply zone above 3376, and early signs of rejection or bearish structure could offer short opportunities from that level.
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.
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.