I'm outlining a short (SELL) trade setup for XAU/USD (Gold). Here's a breakdown of your trade idea:
Entry: 3308 (SELL)
First Target (FVG): 3250
(FVG likely refers to a Fair Value Gap – a liquidity target in imbalanced price zones)
Final Target: 3140
Let’s assess the setup:
Key Points to Consider:
1. Risk Management:
Have you set a stop-loss? For this short, a logical SL might be above recent highs or structure – perhaps around 3330–3340.
Position sizing is critical depending on account size and risk tolerance.
2. Market Context:
Is this based on a higher time frame imbalance, a bearish trend continuation, or news catalyst?
Are you following a liquidity sweep strategy or reacting to a key resistance rejection?
3. Technical Confirmation:
Confirmation from order blocks, bearish divergence, or break of market structure (BOS) could strengthen your setup.
Would you like me to:
Analyze the chart if you provide a screenshot?
Provide a technical breakdown of current XAUUSD levels?
Help calculate risk-to-reward or position size for this trade?
Let me know how you'd like to proceed.
Entry: 3308 (SELL)
First Target (FVG): 3250
(FVG likely refers to a Fair Value Gap – a liquidity target in imbalanced price zones)
Final Target: 3140
Let’s assess the setup:
Key Points to Consider:
1. Risk Management:
Have you set a stop-loss? For this short, a logical SL might be above recent highs or structure – perhaps around 3330–3340.
Position sizing is critical depending on account size and risk tolerance.
2. Market Context:
Is this based on a higher time frame imbalance, a bearish trend continuation, or news catalyst?
Are you following a liquidity sweep strategy or reacting to a key resistance rejection?
3. Technical Confirmation:
Confirmation from order blocks, bearish divergence, or break of market structure (BOS) could strengthen your setup.
Would you like me to:
Analyze the chart if you provide a screenshot?
Provide a technical breakdown of current XAUUSD levels?
Help calculate risk-to-reward or position size for this trade?
Let me know how you'd like to proceed.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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 telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.