Gold is showing signs of a potential bounce near a key support level (around 3300). Price action indicates bullish pressure, and momentum indicators like RSI are signaling possible upside.
This setup is suitable for short-term traders looking to capture a quick move to the upside.
Entry: Near support zone (e.g. 3300-3283)
Target: 3363
Stop Loss: Below 3283
Timeframe: 1H / 4H
📌 Risk Note:
This is a short-term trade idea. Always manage your risk properly and use a stop-loss. Sudden news or volatility in USD or inflation data can affect gold prices. Never risk more than you can afford to lose.
This setup is suitable for short-term traders looking to capture a quick move to the upside.
Entry: Near support zone (e.g. 3300-3283)
Target: 3363
Stop Loss: Below 3283
Timeframe: 1H / 4H
📌 Risk Note:
This is a short-term trade idea. Always manage your risk properly and use a stop-loss. Sudden news or volatility in USD or inflation data can affect gold prices. Never risk more than you can afford to lose.
Trade active
Trade Active 160 pips +
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.