Here I'm provided for XAU/USD (Gold vs USD) on the 1-hour timeframe, here's a sell setup:
📉 SELL SETUP - XAU/USD
Sell Entry: 3,344 (near resistance zone)
Stop Loss (SL): 3,360 (above resistance zone)
🎯 Take Profit Targets:
TP1: 3,304
TP2: 3,262
📝 Analysis:
Price is approaching a strong resistance zone around 3,344–3,360.
Market structure shows a lower high forming with potential for a reversal.
A bearish confirmation candle near the resistance zone would be ideal to enter the trade.
Targets are based on recent support zones and projected downward wave.
📉 SELL SETUP - XAU/USD
Sell Entry: 3,344 (near resistance zone)
Stop Loss (SL): 3,360 (above resistance zone)
🎯 Take Profit Targets:
TP1: 3,304
TP2: 3,262
📝 Analysis:
Price is approaching a strong resistance zone around 3,344–3,360.
Market structure shows a lower high forming with potential for a reversal.
A bearish confirmation candle near the resistance zone would be ideal to enter the trade.
Targets are based on recent support zones and projected downward wave.
Trade active
Xauusd sell target 3304 hit. Running in 400+ pips.
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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.
JOIN MY TELEGRAM:
FREE SIGNALS TECHNICAL CHART AND EDUCATOIN
t.me/+j_sv6p9sL5I0MDY0
FREE SIGNALS TECHNICAL CHART AND EDUCATOIN
t.me/+j_sv6p9sL5I0MDY0
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.