Gold Spot / U.S. Dollar
Updated

XAUUSD (Gold) forecast for long.

431
I'm looking to take a long position on XAUUSD. The support and entry point is set at 2685, with a stop loss at 2673 to manage risk. The first resistance level is 2702.4, which also serves as the initial target (TP 1). If momentum continues, my second target (TP 2) is set at 2728.6. This plan focuses on a favorable risk-reward ratio by leveraging key support and resistance levels.

ALWAYS USE STOPLOSS AND TAKEPROFIT IN YOUR TRADE AND ALSO USE MONEY MANAGEMENT.

ITS JUST MY ANALYSIS OR PREDICTION FROM MY SIDE HOPE YOU LIKE AND ALSO BOOST IT FOR APPRECIATE.
Trade active
TRADE ACTIVE GET READY TO FLY.
Note
100+ pips running.
Note
Take profit 1 hit booked 200+ pips.

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.