Hello traders here's my New XAU/USD idea, what you think on it? share your thoughts in comment section
Gold has formed a rising wedge pattern on the 1-hour chart, indicating a potential bearish reversal. The price has broken below the lower trendline, confirming a sell signal. A short position can be considered with a stop loss near 3,166 and a target of 3,060, aligning with key support levels. Fundamentals such as a strong USD and rising bond yields may add further bearish pressure. Watch for further confirmations before entering.
Follow me for more updates and don't forget to share my idea with your friends and family
Gold has formed a rising wedge pattern on the 1-hour chart, indicating a potential bearish reversal. The price has broken below the lower trendline, confirming a sell signal. A short position can be considered with a stop loss near 3,166 and a target of 3,060, aligning with key support levels. Fundamentals such as a strong USD and rising bond yields may add further bearish pressure. Watch for further confirmations before entering.
Follow me for more updates and don't forget to share my idea with your friends and family
Trade active
Trade closed: target reached
Hello Guy's As Per Our Directions Market Reached At Target From 3129 To 3062 670 Pips Achieved Profit In Sell Enjoy The Profit And Wait For My New IdeaDon't Forget To Support Me Share Ideas With Your Friends And Family Thanks
join on telegram
t.me/+RuNdZvCfSq0yMTI0
t.me/+RuNdZvCfSq0yMTI0
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.
join on telegram
t.me/+RuNdZvCfSq0yMTI0
t.me/+RuNdZvCfSq0yMTI0
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.