Hello traders!
Apex m30 Analysis, Current Price $2604
Our last ideas target hit and generated approx 200+ pips now today we are going make same amount of money
Sell Opportunity:
Key levels to watch:
- Resistance: 2570-2573 (potential retest and sell)
- Breakout target: 2576-2579 (next resistance level)
Buy Opportunity:
we can consider purchasing gold now up to 2673. If this level is breached, the next target will be 2677
Market Structure:
Overall bearish trend, indicating potential downwards movement.
The primary reason for selling is the strengthening US Dollar, which will likely weaken gold prices, providing a favorable opportunity to sell.
Upcoming Events:
News event for today!
!Do your own analysis before taking any trades!
i'll keep update this idea!
Apex m30 Analysis, Current Price $2604
Our last ideas target hit and generated approx 200+ pips now today we are going make same amount of money
Sell Opportunity:
Key levels to watch:
- Resistance: 2570-2573 (potential retest and sell)
- Breakout target: 2576-2579 (next resistance level)
Buy Opportunity:
we can consider purchasing gold now up to 2673. If this level is breached, the next target will be 2677
Market Structure:
Overall bearish trend, indicating potential downwards movement.
The primary reason for selling is the strengthening US Dollar, which will likely weaken gold prices, providing a favorable opportunity to sell.
Upcoming Events:
News event for today!
!Do your own analysis before taking any trades!
i'll keep update this idea!
Trade active
As of now, the market is moving as expected, but selling pressure is weak. Therefore, we are focusing more on buying. If the resistance level doesn't break, we will look for selling opportunities. However, if the resistance level breaks, we will hold our buy positions.
Trade closed: target reached
We can consider buying if the resistance is broken and the price closes above it.
buy from 2570 till 2595
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.