📢 Signal: SELL XAU/USD 📉
Entry Price: 2514.08 🔍
TP1: 2507.52 🎯 (66 PiP TP)
TP2: 2498.56 🎯 (155 PiP TP)
TP3: 2485.33 🎯 (273 PiP TP)
TP4: 2472.36 🎯 (417 PiP TP)
SL: 2519.45 ⛔️ (54 PiP SL)
💡 Ensure proper risk management when following signals!
💬 Comment:
"
Reason for Selling:
Bearish Reversal Potential: XAU/USD is showing signs of a potential reversal after a recent rally, with selling pressure likely to increase.
Resistance Rejection: The current price is nearing a key resistance zone, suggesting a high probability of a price decline.
Entry Point Justification:
Entry at 2514.08: Positioned just below a strong resistance level, allowing for an optimal entry as the market is expected to reject this area.
Take Profit Targets:
TP1 (2507.52): A short-term target to capture quick gains from the initial price drop.
TP2 (2498.56): A mid-term target reflecting further bearish momentum as the price continues to fall.
TP3 (2485.33): A long-term target for capturing a significant portion of the downtrend.
TP4 (2472.36): An extended target to maximize gains if the bearish trend intensifies and a deeper pullback occurs.
Stop Loss Justification:
SL at 2519.45: Placed just above the resistance level to limit losses in case of an unexpected breakout, while allowing room for market fluctuations."
mr_bombastic_signal
Entry Price: 2514.08 🔍
TP1: 2507.52 🎯 (66 PiP TP)
TP2: 2498.56 🎯 (155 PiP TP)
TP3: 2485.33 🎯 (273 PiP TP)
TP4: 2472.36 🎯 (417 PiP TP)
SL: 2519.45 ⛔️ (54 PiP SL)
💡 Ensure proper risk management when following signals!
💬 Comment:
"
Reason for Selling:
Bearish Reversal Potential: XAU/USD is showing signs of a potential reversal after a recent rally, with selling pressure likely to increase.
Resistance Rejection: The current price is nearing a key resistance zone, suggesting a high probability of a price decline.
Entry Point Justification:
Entry at 2514.08: Positioned just below a strong resistance level, allowing for an optimal entry as the market is expected to reject this area.
Take Profit Targets:
TP1 (2507.52): A short-term target to capture quick gains from the initial price drop.
TP2 (2498.56): A mid-term target reflecting further bearish momentum as the price continues to fall.
TP3 (2485.33): A long-term target for capturing a significant portion of the downtrend.
TP4 (2472.36): An extended target to maximize gains if the bearish trend intensifies and a deeper pullback occurs.
Stop Loss Justification:
SL at 2519.45: Placed just above the resistance level to limit losses in case of an unexpected breakout, while allowing room for market fluctuations."
mr_bombastic_signal
Note
🔥TP1 reached ✅
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.