Hello everyone, a sell trade opportunity may be considered for gold on the M15 chart. It is advisable to set your trade with a 1:1.50 risk-reward ratio.
Trade active
Note
Gold – Medium-Term Outlook:Based on the current technical structure, the target levels are set as follows:
🔹 1st Support: 3160
🔹 2nd Support: 3022
The precious metal is expected to experience a potential decline towards these support zones. Traders should monitor price action closely around these key levels for confirmation signals.
Trade closed: target reached
Take Profit :)
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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.