Gold
📌 **Sell:**
✔ In short-term timeframes (M1, M5, M15), both MACD and Stochastic indicate overbought conditions and a potential downward correction.
✔ The M30 timeframe is still in an uptrend, but a pullback to the downside is possible.
🎯 **Conclusion:**
Success rate for selling: ✅ **70%** (more reliable than buying in the short term).
📌 **Strategy:** Short-term selling with a tight stop-loss and a corrective target towards lower support levels.
📌 **Buy:**
✔ In H1 and H4 timeframes, signs of a trend reversal are emerging, but MACD has not yet given a solid confirmation.
✔ If MACD turns bullish on H1 and Stochastic exits oversold territory, buying will be a safer option.
🎯 **Conclusion:**
Success rate for buying: ✅ **55%** (higher risk, requiring more confirmation).
📌 **Strategy:** Wait for MACD confirmation on H1, then enter a buy position upon resistance breakout.
🚀 **Final Recommendation:**
🔹 Enter short-term sell positions in lower timeframes with a tight stop-loss and proper risk management.
🔹 Wait for a confirmed buy signal on H1 and H4, as MACD has not yet turned fully bullish.
🚀 **Short-term selling (scalping) is more probable**, but additional confirmation is needed for a buy position.
### **Suggested Targets Based on Timeframes & MACD + Stochastic Analysis**
🔴 📉 **Sell Targets:**
Considering overbought conditions in lower timeframes and a potential downward correction, the best sell targets based on different timeframes are:
✅ 📌 **First Target:** 2850 (Short-term support in M5 & M15)
✅ 📌 **Second Target:** 2842 (Key support in M30)
✅ 📌 **Third Target:** 2830 - 2825 (Strong support in H1, aligning with the moving average)
🛑 **Stop Loss for Sell Positions:**
🔹 **2862** (Breakout of the current resistance in M15 & M30)
🔹 **2868** (If the price reaches this level, the trend may reverse)
---
🟢 📈 **Buy Targets:**
A **full confirmation from MACD in H1 and H4** is required for a buy setup. However, if the price rebounds from the **2830 support zone**, the following targets are expected:
✅ 📌 **First Target:** 2865 (Initial resistance in H1)
✅ 📌 **Second Target:** 2880 - 2890 (Strong resistance zone in H4)
✅ 📌 **Third Target:** 2915 (Long-term target if resistance levels are broken)
🛑 **Stop Loss for Buy Positions:**
🔹 **2825** (If this level is broken, the downtrend is likely to continue)
🚀 **Suggested Strategy:**
📌 **Short-term sell (scalping) from 2857**, targeting **2850 and 2842**, with a **stop loss at 2862**.
📌 **Buy if confirmed at 2830 - 2825**, targeting **2865 and 2880**, with a **stop loss at 2825**.
🔍 **Important:** Before entering positions, confirm with **trading volume and candlestick patterns in higher timeframes**. 🚀
✔ In short-term timeframes (M1, M5, M15), both MACD and Stochastic indicate overbought conditions and a potential downward correction.
✔ The M30 timeframe is still in an uptrend, but a pullback to the downside is possible.
🎯 **Conclusion:**
Success rate for selling: ✅ **70%** (more reliable than buying in the short term).
📌 **Strategy:** Short-term selling with a tight stop-loss and a corrective target towards lower support levels.
📌 **Buy:**
✔ In H1 and H4 timeframes, signs of a trend reversal are emerging, but MACD has not yet given a solid confirmation.
✔ If MACD turns bullish on H1 and Stochastic exits oversold territory, buying will be a safer option.
🎯 **Conclusion:**
Success rate for buying: ✅ **55%** (higher risk, requiring more confirmation).
📌 **Strategy:** Wait for MACD confirmation on H1, then enter a buy position upon resistance breakout.
🚀 **Final Recommendation:**
🔹 Enter short-term sell positions in lower timeframes with a tight stop-loss and proper risk management.
🔹 Wait for a confirmed buy signal on H1 and H4, as MACD has not yet turned fully bullish.
🚀 **Short-term selling (scalping) is more probable**, but additional confirmation is needed for a buy position.
### **Suggested Targets Based on Timeframes & MACD + Stochastic Analysis**
🔴 📉 **Sell Targets:**
Considering overbought conditions in lower timeframes and a potential downward correction, the best sell targets based on different timeframes are:
✅ 📌 **First Target:** 2850 (Short-term support in M5 & M15)
✅ 📌 **Second Target:** 2842 (Key support in M30)
✅ 📌 **Third Target:** 2830 - 2825 (Strong support in H1, aligning with the moving average)
🛑 **Stop Loss for Sell Positions:**
🔹 **2862** (Breakout of the current resistance in M15 & M30)
🔹 **2868** (If the price reaches this level, the trend may reverse)
---
🟢 📈 **Buy Targets:**
A **full confirmation from MACD in H1 and H4** is required for a buy setup. However, if the price rebounds from the **2830 support zone**, the following targets are expected:
✅ 📌 **First Target:** 2865 (Initial resistance in H1)
✅ 📌 **Second Target:** 2880 - 2890 (Strong resistance zone in H4)
✅ 📌 **Third Target:** 2915 (Long-term target if resistance levels are broken)
🛑 **Stop Loss for Buy Positions:**
🔹 **2825** (If this level is broken, the downtrend is likely to continue)
🚀 **Suggested Strategy:**
📌 **Short-term sell (scalping) from 2857**, targeting **2850 and 2842**, with a **stop loss at 2862**.
📌 **Buy if confirmed at 2830 - 2825**, targeting **2865 and 2880**, with a **stop loss at 2825**.
🔍 **Important:** Before entering positions, confirm with **trading volume and candlestick patterns in higher timeframes**. 🚀
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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.
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.