GOLD ANALYSIS
Updated
The price is currently in a consolidation phase. If the price moves above the 2642 area and closes the candle there, it will indicate that buyers have regained their lost control. In this case, we will consider entering a buy trade. On the other hand, if the price breaks below the 2632 area and closes the candle under this level, it will suggest that the sellers have strengthened their position, and we can consider entering a sell trade from this point.
In this analysis, the closing of the candle holds significant importance, as it indicates the direction in which the market is likely to move. The way the candle closes helps confirm whether the buyers or sellers are in control, providing critical insight into the potential next move in the market.
Time Frame: 30M,15M
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#XAUUSD 30M Technical Analysis Expected Move.
In this analysis, the closing of the candle holds significant importance, as it indicates the direction in which the market is likely to move. The way the candle closes helps confirm whether the buyers or sellers are in control, providing critical insight into the potential next move in the market.
Time Frame: 30M,15M
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#XAUUSD 30M Technical Analysis Expected Move.
Trade active
Trade Status: Active
Our trade is currently active. Price break 2642 area toward upside. Wow wonderful shot.
Note
Trade Active.Note
Trade Active.Trade closed: target reached
Trade Status: Close
The trade has closed and the target has been met, marking the perfect conclusion to our efforts. Every step taken, now shining in accomplishment.
Note
Trade Close.
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