I'm planning a gold trade with the following details:
- *Entry Price*: 2340
- *Target Price (FVG)*: 3360
### Key Considerations:
1. *FVG (Fair Value Gap)* – This suggests you're targeting a liquidity zone or an imbalance area where price may react.
2. *Risk Management* – Ensure you have a stop-loss level (e.g., below recent swing lows or key support).
3. *Profit Potential* – The trade has a *1,020-point* potential move, which is significant.
4. *Market Context* – Confirm:
- Is gold (XAU/USD) in an uptrend?
- Are there higher-timeframe confirmations (e.g., bullish structure, breakout)?
Would you like help analyzing:
✅ Trend alignment (HTF vs. LTF)?
✅ Key support/resistance levels?
✅ Proper stop-loss placement?
✅ Risk-reward ratio check?
Let me know how you'd like to refine this setup! 🚀
- *Entry Price*: 2340
- *Target Price (FVG)*: 3360
### Key Considerations:
1. *FVG (Fair Value Gap)* – This suggests you're targeting a liquidity zone or an imbalance area where price may react.
2. *Risk Management* – Ensure you have a stop-loss level (e.g., below recent swing lows or key support).
3. *Profit Potential* – The trade has a *1,020-point* potential move, which is significant.
4. *Market Context* – Confirm:
- Is gold (XAU/USD) in an uptrend?
- Are there higher-timeframe confirmations (e.g., bullish structure, breakout)?
Would you like help analyzing:
✅ Trend alignment (HTF vs. LTF)?
✅ Key support/resistance levels?
✅ Proper stop-loss placement?
✅ Risk-reward ratio check?
Let me know how you'd like to refine this setup! 🚀
Trade active
trade active
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.