🔹 Key Levels:
📍 Entry Point: 3211 🔵
📍 Stop Loss: 3185.109 🔴
📍 Target Point: 3300 🟢
🔹 Market Structure:
📈 The price has formed a Rally-Base-Rally (RBR) zone 📊, which is a bullish continuation pattern 🚀.
🔄 The market surged and is now consolidating within the RBR zone 📦 before potentially resuming its uptrend 📢.
🔹 Trading Plan:
✅ Buy Entry: If price retraces into the RBR zone (around 3211), consider a buy position. 🛒📊
🔻 Stop Loss: Set below the base at 3185.109 to limit risk. ⚠️🚫
🎯 Take Profit: Aiming for 3300, a major resistance level. 🎯📈
🔹 Indicators & Confluence:
📏 DEMA (9): 3223.297 (Currently acting as resistance 🛑)
💰 Risk-Reward Ratio: Favorable setup (High Reward Potential ✅)
🔹 Potential Risks:
⚠️ If price drops below 3185, it could indicate a trend reversal 🔄⛔.
🌎 Economic News & Geopolitical Factors may impact Gold prices significantly. 📰📉
🔹 Conclusion:
📊 Bullish Opportunity 🦅📈 – If the price respects the RBR zone, it may continue upwards towards 3300! 🚀💰
📍 Entry Point: 3211 🔵
📍 Stop Loss: 3185.109 🔴
📍 Target Point: 3300 🟢
🔹 Market Structure:
📈 The price has formed a Rally-Base-Rally (RBR) zone 📊, which is a bullish continuation pattern 🚀.
🔄 The market surged and is now consolidating within the RBR zone 📦 before potentially resuming its uptrend 📢.
🔹 Trading Plan:
✅ Buy Entry: If price retraces into the RBR zone (around 3211), consider a buy position. 🛒📊
🔻 Stop Loss: Set below the base at 3185.109 to limit risk. ⚠️🚫
🎯 Take Profit: Aiming for 3300, a major resistance level. 🎯📈
🔹 Indicators & Confluence:
📏 DEMA (9): 3223.297 (Currently acting as resistance 🛑)
💰 Risk-Reward Ratio: Favorable setup (High Reward Potential ✅)
🔹 Potential Risks:
⚠️ If price drops below 3185, it could indicate a trend reversal 🔄⛔.
🌎 Economic News & Geopolitical Factors may impact Gold prices significantly. 📰📉
🔹 Conclusion:
📊 Bullish Opportunity 🦅📈 – If the price respects the RBR zone, it may continue upwards towards 3300! 🚀💰
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join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.