Here is the expanded version:
XAUUSD BUY NOW @ 2640
TARGET: 2660
STOP LOSS: 2628
The current trading setup suggests a buy opportunity for XAUUSD at 2640, with a clear target of 2660. The immediate supply zones are positioned between 2665-2670 and 2655-2660, acting as potential resistance levels. If these zones are broken, there could be further upward momentum. On the other hand, the demand zones at 2614-2610 and 2602-2598 are key support areas to watch for if prices pull back.
The H1 chart reveals a bullish story, supported by strong price action and a steady uptrend. The recent candlesticks indicate buying pressure, with prices holding firmly above key moving averages. The 2640 level appears to be a key entry point, reflecting a balance between risk and reward. A break above 2660 could signal further bullish momentum, targeting the higher supply zone at 2665-2670.
TARGET: 2660
STOP LOSS: 2628
The current trading setup suggests a buy opportunity for XAUUSD at 2640, with a clear target of 2660. The immediate supply zones are positioned between 2665-2670 and 2655-2660, acting as potential resistance levels. If these zones are broken, there could be further upward momentum. On the other hand, the demand zones at 2614-2610 and 2602-2598 are key support areas to watch for if prices pull back.
The H1 chart reveals a bullish story, supported by strong price action and a steady uptrend. The recent candlesticks indicate buying pressure, with prices holding firmly above key moving averages. The 2640 level appears to be a key entry point, reflecting a balance between risk and reward. A break above 2660 could signal further bullish momentum, targeting the higher supply zone at 2665-2670.
Trade active
Let's check your trades it's flying with us XAUUSD achieved on 2654Trade closed: target reached
XAUUSD hit almost all the targets point Note
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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.
Hello 👋 and welcome to the channel of professional trader
Good luck everyone and thanks for coming ❤🔥
t.me/+E48FYGmA1noxOWJk
Good luck everyone and thanks for coming ❤🔥
t.me/+E48FYGmA1noxOWJk
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.