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)
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🟢 📈 **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**. 🚀
