XAUUSD-Next Big Opportunity
Scalping the Golden Zone
As expected, we capitalized on the key support zone, securing an additional 100-120 pips on a quick long scalp. These fast-moving plays continue to deliver solid returns!
What’s Next for Gold?
Strong Support Zone Identified – Price has reached a critical demand area, signaling a potential short-term pullback.
1H Order Block Retest – We anticipate a retracement or a possible tag-in before further movement.
Risk-Reward Setup – A well-structured long entry from this zone could yield another profitable trade when markets open Monday.
Major Resistance in Place – Despite a bounce, selling pressure remains strong, and Friday’s momentum suggests further downside in the near term.
Trading Plan:
Look for long setups at the identified support with a tight SL & proper R:R.
Keep an eye on the 1H bearish price action for confirmation of a continued move down.
If resistance holds firm, we could see another strong sell-off later in the week.
As expected, we capitalized on the key support zone, securing an additional 100-120 pips on a quick long scalp. These fast-moving plays continue to deliver solid returns!
What’s Next for Gold?
Strong Support Zone Identified – Price has reached a critical demand area, signaling a potential short-term pullback.
1H Order Block Retest – We anticipate a retracement or a possible tag-in before further movement.
Risk-Reward Setup – A well-structured long entry from this zone could yield another profitable trade when markets open Monday.
Major Resistance in Place – Despite a bounce, selling pressure remains strong, and Friday’s momentum suggests further downside in the near term.
Trading Plan:
Look for long setups at the identified support with a tight SL & proper R:R.
Keep an eye on the 1H bearish price action for confirmation of a continued move down.
If resistance holds firm, we could see another strong sell-off later in the week.
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Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
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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 Channels Free.
t.me/+zZvmvixp94YzM2Y0
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/+zZvmvixp94YzM2Y0
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
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.