XAU/USD Trade Analysis – SELL Setup
Trade Idea: A short position on Gold (XAU/USD) is recommended, as we are currently observing a bearish outlook.
Entry Zone: The ideal entry for this trade is between the levels of 3323 and 3325, where we anticipate a potential price reversal or continuation to the downside.Stop Loss: Set the stop loss at 3336.00, just above the key resistance zone. This provides a safe buffer in case the market moves against the trade, while ensuring limited risk exposure.
Take Profit Levels:
🎯 TP1 (3318): The first target is 3318, a key support level, where price may pause or consolidate before further movement.
🎯 TP2 (3315): The second target is 3315, representing a more significant support zone that could attract buying pressure.
🎯 TP3 (3310): The final target is 3310, where a deeper retracement might unfold, offering the most profit potential.
Trade Idea: A short position on Gold (XAU/USD) is recommended, as we are currently observing a bearish outlook.
Entry Zone: The ideal entry for this trade is between the levels of 3323 and 3325, where we anticipate a potential price reversal or continuation to the downside.Stop Loss: Set the stop loss at 3336.00, just above the key resistance zone. This provides a safe buffer in case the market moves against the trade, while ensuring limited risk exposure.
Take Profit Levels:
🎯 TP1 (3318): The first target is 3318, a key support level, where price may pause or consolidate before further movement.
🎯 TP2 (3315): The second target is 3315, representing a more significant support zone that could attract buying pressure.
🎯 TP3 (3310): The final target is 3310, where a deeper retracement might unfold, offering the most profit potential.
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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.
✅FREE FREE FREE XAUUSD/BTCUSD SIGNALS ALWAYS FREEEEE.
t.me/+q1vYSTtzJeExZWE0
✅JOIN MY TELEGRAM FAST:❤️
☑️ JOIN NOW t.me/iforexco
✅BEST BROKER LINK: (EXNESS)
one.exnesstrack.net/a/zzz57mij30
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.