Gold Price Drops to Lowest Level in Over a MonthGold Price Drops to Lowest Level in Over a Month
As shown on the XAU/USD chart, the price of gold fell below $3,130 this morning – its lowest level since 10 April.
Since its peak in May, gold has lost more than 8% in value per ounce.
Why Is Gold Falling?
Bearish sentiment in the gold market may be fuelled by easing geopolitical tensions. According to media reports:
→ China and the US have already reported progress in reaching a trade agreement, while details of potential deals with India, Japan, and South Korea are currently being developed.
→ Iran is reportedly willing to sign a nuclear deal in exchange for the lifting of sanctions. In addition, Donald Trump may lift sanctions on Syria during his visit to the Middle East.
→ The situation between India and Pakistan has stabilised, and today, talks between Russia and Ukraine are expected to take place in Istanbul, with a potential ceasefire on the agenda.
These developments could be seen as reducing the appeal of gold as a safe-haven asset.
Technical Analysis of the XAU/USD Chart
In our 7 May gold price analysis, we:
→ outlined a descending channel (marked in red);
→ noted that bearish pressure persisted above $3,400.
Since then, the gold (XAU/USD) price has continued to move within this channel, breaking support around the $3,200 level and approaching a key support zone formed by:
→ the lower boundary of the red channel;
→ a long-term trendline (marked in blue);
→ a former resistance level (highlighted with arrows) at $3,140.
Given these conditions, traders should consider a scenario in which a minor rebound may occur – for instance, towards the median line of the red channel.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Xauusdsetup
Gold starts a downward trend? Latest strategy.News focus:
Today, Fed official Waller will give a speech;
Tomorrow, the number of initial jobless claims, producer price index (PPI) and retail sales data will be released;
On Friday, the market will usher in the University of Michigan Consumer Confidence Index report.
Technical analysis:
Gold fell rapidly in the Asian market, then rebounded slightly, and has been in a sideways trend.
I think the recent volatility is more obvious, and there is still uncertainty whether the direction will be quickly completed.
There are large differences in the current price of the short strategy, and it is impossible to make a decisive breakthrough in the short term.
Operation strategy:
Still adhere to the expectation of short-term decline, the rebound will not hinder the final decline expectation, and the strategy of shorting at high points will be maintained in the short term.
You need to pay attention to the key support level of $3160. If the downward trend opens this position, the gold price may test the low position of 3100.
Gold’s Short-Term Setup!!!Gold ( OANDA:XAUUSD ) started to fall today after the news " The United States has dropped its tariffs on Chinese goods to 30%, down from a brutal 145%, while China is slashing its own duties on US imports to just 10%, temporarily, for the next 90 days. "
Gold is moving near a Heavy Support zone($3,198-$3,136) .
In terms of Elliott wave theory , it appears that Gold has completed five downwaves , and we should expect Gold to rise at least to the Resistance zone($3,280-$3,245) .
It is possible that selling pressure on Gold will increase again with the opening of the US marke t. But this analysis is in the short term , and it is likely to hit Target before the US market opens.
The Bullish Engulfing Candlestick Pattern can also be a sign of Gold rising , at least in the short term .
I expect Gold to rise to at least $3,241.890.
Note: Stop Loss(SL): $3204.820
Gold Analyze ( XAUUSD ), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold turning point. What signals are hidden?Overall analysis of gold trend:
Gold prices suffered a setback under the influence of the optimism of tomorrow's US-China negotiations. The core reason for the decline in gold prices is the breakthrough in global tariff negotiations.
The key factor driving the rise in gold prices early on: Tariff concerns are significantly easing, which directly leads to the gold market entering a phased consolidation.
I think the price of gold will fluctuate in the range of US$3,000-3,300 per ounce for some time to come. This forecast range is significantly narrower than before, reflecting that in the current complex and changing market environment, gold price fluctuations will tend to be rational.
I think the gold price at this time is already at the crossroads of an important trend.
The current gold market is facing a fierce game between long and short factors. On the one hand, the optimism brought about by the easing of trade tensions suppresses gold prices; on the other hand, the safe-haven demand generated by economic uncertainty, potential spot shortages, and the continued inflow of ETF funds provide support for gold prices. This complex market environment makes the trend of gold prices full of variables.
For traders, it is more necessary to remain rational in the current market environment, pay attention to short-term price fluctuations, and grasp the long-term value of gold as a safe-haven asset. The next round of big market in the gold market may be nurtured in these seemingly contradictory market signals.
Operation strategy:
Traders need to try to adopt scalping trading strategies in the current small fluctuation range, enter the market in time, and take profits in time.
The current fluctuation range is between $3200 and $3245. You can try to short near the high point and long at the low point, so that you can reap a small profit.
If you are a large-capital customer who can withstand market fluctuations, you can hold the position and wait and see for part of the time, and then choose the appropriate time to close the position.
XAUUSD is ready to FALL monthly target 3000!Through my weekly Episode multi time frame analysis , you will get deep insights .
Market in on rising channel since last year and did not respect the 2900 milestone after breaking it.
is it the time to retracement?
our eyes will be at 2980 milestone on this next 2weekly candles.
bearish scenario:
if any h4,D1 close below 3160 stay bearish side and our setup.
bullish scenario
if market again surpass 3280 then buying up to 3330 then 3360 where we have again selling sequence to 3000 milestone.
I'm expecting the bullish scenario I have mention will not activated.
XAUUSD 15 mins ChartThis chart captures a consolidation phase forming between two critical levels:
🔑 Key Zones:
Resistance Zone: ~$3,240–$3,245
This zone has acted as a ceiling where price repeatedly rejected. It's a liquidity cluster and decision area for bulls and bears.
Support Zone: ~$3,223–$3,225
Well-respected bottom of the range. Every touch here sees a reaction, signaling that buyers defend this zone for now.
🔄 Market Structure:
Sideways/Range-bound between $3,225 and $3,245.
Price is consolidating after a sharp move down.
Multiple failed breakouts, indicating indecision before news/events.
🔀 Scenarios:
✅ Bullish Breakout Setup:
Break and retest above $3,245 with strong volume could lead to a move toward:
First target: $3,260–$3,270
Extended target: $3,300 (previous structure)
Trigger confirmation: Break of highs at ~$3,245 with candle body close above.
🚨 Bearish Breakdown Setup:
Failure to break the purple zone + breakdown of support at $3,223 may open:
Immediate target: $3,200
Extended target: $3,180–$3,160 range
Trigger confirmation: Break and candle close below $3,223 with spike in volume.
🔄 Neutral/Bounce Range Trading:
Until a breakout, this is a mean-reversion range. Trades between $3,225 and $3,245 can be scalped with tight stops.
📊 Volume & Price Behavior:
Volume is decreasing slightly within the range → suggesting buildup before a news-related breakout.
Large move likely after breakout from this compression.
5/13 Gold Trading Signals🌞Good afternoon everyone!
Yesterday, gold successfully entered the 3218–3198 buy zone, delivering notable profits.
So far, the price has tested both the 3218 support and the 3246 resistance multiple times, reflecting a fierce battle between bulls and bears. From a technical perspective, bulls appear slightly favored in the short term, with major resistance located between 3286–3320.
⚠️ However, if gold fails to break through this area and reverses, it may initiate a medium-term downtrend, potentially falling toward the 3169–3110 zone.
📌 Trading Recommendations for Today:
Sell Zone: 3305 – 3330
Buy Zone: 3208 – 3178
Flexible Trading Ranges:
▫️ 3218 – 3252
▫️ 3282 – 3248
▫️ 3252 – 3303
XAUUSD DOUBLE TOP BEARISH PATTERNKey Factors to Consider:
Breakout Confirmation – If price decisively breaks below the neckline of the double top, it strengthens the bearish outlook.
Volume Analysis – A surge in selling volume at resistance or during the breakdown can validate the pattern.
Momentum Indicators – RSI, MACD, and Stochastic Oscillator can help confirm bearish momentum.
Support Levels – Watch for intermediate support zones that could slow down the decline before reaching 3203.
Resistance: 3500
Target: 3203
GOLD D1 Chart Analysis Update for 12 - 16 May 25 Hello everyone,
As you can see some levels mentioned in GOLD Chart for upcoming main focus in GOLD For Longer Term Buying 3000 - 3200 is good buying zone for longer term
however you can still follow-up time to time for 1 candle retracement zone on D1
3400 level remains crucial for now
Main events for the upcoming week US CPI & US PPI
#XAUUSD: Price to go beyond $3650 to $3700 around 3500 pips moveThe XAUUSD price is moving nicely as we had predicted in our previous analysis. Both of our analyses have hit the take-profit target, and we are likely to see more bullish momentum continue in the coming time. There are two areas where price could move or reverse. Both targets have a long-term view, which means we are talking about a possible swing move that will take time to complete. Stop-loss and intraday target and position can be taken based on your own analysis and overview. Strong fundamentals are needed for price to reach our designated target area.
Good luck and trade safely. Trading financial instruments like gold and other markets brings extreme risk and can be severe if the risk is not managed correctly.
We are sharing our bias here, but it does not guarantee that the move will happen as described.
Once the trade is activated, you can set two targets. You can choose your own take-profit based on your analysis and trade management.
Good luck and trade safely! 😊
Thanks a bunch for your unwavering support! ❤️🚀
If you’re feeling generous, here are a few ways you can help us out:
- Like our ideas
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Team Setupsfx_
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#XAUUSD: Gold to continue rising,$4000 by end of the year targetGold has unexpectedly declined to 3335 in response to the anticipated price increase following the unfolding conflict in Asia. Currently, two regions exhibit price reversals.
The XAUUSD price is progressing in accordance with our previous analysis. Both analyses have successfully reached the take-profit target, and we anticipate further bullish momentum in the near future. However, price movement is subject to potential reversals in two areas. Both targets are long-term oriented, indicating potential swing moves that may take time to complete. Stop-loss, intraday target, and position decisions should be based on individual analysis and overall market assessment. Strong fundamentals are essential for price to reach the designated target area.
We acknowledge our bias in this analysis, but it does not guarantee the realisation of the described outcome.
Upon trade activation, you can establish two targets. You have the flexibility to select your own take-profit based on your analysis and trade management strategies.
We appreciate your unwavering support.
For those who wish to contribute, we offer several avenues for assistance:
- Liking our ideas
- Commenting on our ideas
- Sharing our ideas
Thank you for your continued support.
If you feel inclined, we would be grateful for your generosity.
Best regards,
Team Setupsfx_❤️🚀
Gold's Bearish Momentum Builds from PRZ-Short SetupGold ( OANDA:XAUUSD ) started to decline exactly from PRZ (previous idea) as I expected in my previous idea . And with the loss of the Support zone($3,387-$3,357) we can expect further decline.
Gold is currently moving near the Resistance zone($3,387-$3,357 ) and the Potential Reversal Zone(PRZ) .
From the Elliott Wave theory , Gold appears to have completed a five-wave impuls e and we should expect corrective waves . Since the momentum of the second decline that broke the Support zone($3,387-$3,357) is high , the correction is expected to continue and Gold appears to be completing a pullback .
---------------------------------------------
The US Unemployment Claims Index was also released a few minutes ago, and let's take a look and examine the possible impact on Gold .
This better-than-expected data confirms a stronger U.S. labor market , reducing the urgency for the Fed to cut rates anytime soon .
Impact on Gold :
A resilient job market supports the hawkish stance of the Fed , which could keep downward pressure on Gold in the short term as yields and the dollar remain firm.
However, traders should remain cautious and watch for upcoming data and Fed commentary, which could shift the tone.
---------------------------------------------
I expect Gold to start falling from Potential Reversal Zone(PRZ) to the targets I have indicated on the chart. The first target could be around $3,319 .
Note: If Gold touches $3,401(the worst Stop Loss(SL)), we can expect the resistance lines to break and gold to rise further.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#XAUUSD: Last Idea On Gold Has Helped Us Gain 1020+ pips Gold has reversed nicely from our last idea’s entry, making a nice 1020+ pips move. Now, we’re looking for the bullish trend to continue dominating the Gold market. If this happens, it could help us gain 1800+ pips. Please use accurate risk management while trading gold.
Once the trade is active, you may consider putting take-profit based on your analysis. There are two targets to consider.
Good luck and trade safely.
Thanks for your support! 😊
If you want to help us out, here are a few things you can do:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_
❤️🚀
Gold (XAU/USD) 3H Chart Analysis – Bullish Setup Toward $3,500 TCurrent Price: $3,254.26
EMA 70: $3,285.50 (Price is below EMA – cautious zone)
Bias: Bullish 📈 (if demand zone holds)
Key Zones:
🟦 Demand Zone: $3,200 – $3,260
✅ Strong buy interest expected here
⚠️ Good place to look for entry signals
🟥 Resistance Zone: $3,223.60 – $3,323.84
🔄 Price is currently testing this zone
A breakout here can lead to bullish momentum
🎯 Target Point: $3,500 – $3,529 💰
📌 Defined as "Target Point 3500"
High potential for profit-taking here
⛔ Stop Loss: $3,161.32
🚫 Placed below demand zone for risk control
❗ Important to exit if price drops here
Trade Idea 💡
📥 Buy Entry: Near or above $3,223.60
✅ Hold as long as price respects demand zone
🎯 Target: $3,500
⛔ Stop Loss: $3,161.32
⚖️ Risk:Reward ratio looks favorable!
Quick Summary:
🟢 Bullish Setup
💪 Demand zone is strong
📈 Breakout above resistance may fuel a rally
⏳ Wait for confirmation before entry!
XAU/USD Analysis: Chart Indicates Elevated VolatilityXAU/USD Analysis: Chart Indicates Elevated Volatility
The XAU/USD chart shows that the ATR (Average True Range) indicator has reached its highest level in several weeks, signalling increased market volatility.
In addition, trading activity is being fuelled by heightened geopolitical tensions, now including an escalation of the conflict between India and Pakistan.
The price action analysis of the precious metal also provides valuable insight, highlighting the ongoing battle between supply and demand.
Technical Analysis of the XAU/USD Chart
On 23 April, we noted a sharp shift in sentiment after the price of XAU/USD peaked around $3,500.
Gold price fluctuations today suggest continued bearish pressure above $3,400, leading to a downward reversal at peak B, which sits below the previous high at A.
This forms the basis for outlining a descending channel and suggests that bears may attempt to keep the price within its boundaries. On the other hand, the $3,333 level was decisively broken by a wave of buying (shown with a blue arrow), and a bullish “cup and handle” pattern is emerging in the background — it is possible that, as part of the May rally, bulls may try to surpass peak B.
Whatever the outcome, elevated volatility appears likely to persist — especially with the US Federal Reserve’s interest rate decision due today at 21:00 GMT+3, followed by Jerome Powell’s press conference at 21:30.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
GOLD Shorter Term Chart Update for 7 May 2025Currently GOLD is in Bullish Trend, we might see some correction around 3330 level for downside in case market breaks 3350 Psychological Level Clearly
For upside move market must Breaks & sustain clearly above 3400 Psychological Level
Plan your trades Carefully
Gold could reach 3420 today
📌 Gold Drivers
Gold prices (XAU/USD) retreated slightly from intraday highs near two-week highs hit during the Asian session on Tuesday, but still held steady near $3,360, extending gains for a second day in a row. Improved U.S. economic data helped ease market concerns about a recession, providing mild support for the dollar. At the same time, signs that Sino-U.S. trade tensions may ease curbed gold's safe-haven demand, prompting some investors to take a wait-and-see approach ahead of the much-anticipated two-day Federal Open Market Committee (FOMC) policy meeting.
The Trump administration's imposition of tariffs of up to 25% or even 100% on semiconductors will further disrupt the global semiconductor supply chain, forcing many semiconductor manufacturers to look for alternative sources of supply or manufacture in the United States.
📊Comment Analysis
Bulls regained their dominance, and the upward trend approached 3400 before the market expected a rate cut
💰Strategy Set
🔥Sell Gold Area: 3418-3420 SL 3425
TP1: $3410
TP2: $3400
TP3: $3385
🔥Buy Gold Area: $3323 - $3321 SL $3316
TP1: $3330
TP2: $3340
TP3: $3358
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
GOLD Price Analysis: Key Insights for Next Week Trading DecisionGold ended last week under pressure as investors booked profits following improved risk appetite, driven by easing trade tensions and a strong U.S. labor market report.
📰 NFP came in at +177K in April, with the unemployment rate steady at 4.2%, matching forecasts—possibly keeping the Fed cautious on policy easing.
Technically, Gold remains bullish but is now testing the $3,200 support zone, and sellers are gaining momentum.
As we head into next week, gold price action is at a critical decision point, and whether buyers or sellers will take control is unclear.
In this video, I break down the key technical zones, share my trading plan, and discuss potential opportunities to help navigate the uncertainty ahead.
Disclaimer:
This is my take based on experience and what I see on the charts. It’s not financial advice—always do your research and consult a licensed advisor before trading.
#GoldAnalysis #XAUUSD #GoldPrice #ForexTrading #TechnicalAnalysis #FundamentalAnalysis #GoldOutlook #FedRateDecision #NFP #GoldBreakdown #GoldBulls #GoldBears #USJobsReport #ForexMentor
Gold is once again affected by tariffs and rises sharplyNews: Gold rose sharply, mainly because Trump announced a 100% tariff on all films produced abroad and entering the United States, which once again triggered global trade tensions. At the same time, the conflict between Russia and Ukraine is still ongoing, and the situation in the Middle East has become tense again. For example, Israel’s missile attacks retaliated against the Houthi armed forces in Yemen and Iran. These have stimulated gold’s safe-haven properties and pushed up gold prices.
Technical aspect: Gold bulls are strong, so there is a certain risk in shorting gold. The point of concern below is the low of 3323. If gold continues to maintain its strength, it is impossible to fall below the 3323 line again.
Trading ideas: Buy gold near 3338, stop loss 3330, target 3360
Gold breaks through 3350. Can the bullish pattern continue?In the early Asian session, gold rose rapidly and broke through the 3350 resistance level predicted by Quaid.
Fundamental analysis:
US political developments also add uncertainty to the market. The Trump administration's decision to impose a 100% tariff on imported films shocked the market, and this unpredictable trade policy weakened market confidence. Although the dollar was supported by strong employment data, it still struggled to gain substantial upward momentum, which further supported gold prices.
Economic uncertainty also boosted gold prices. The market generally expects the Federal Reserve to start a rate cut cycle in the near future, which weakens the attractiveness of interest-bearing assets and increases the relative value of non-yielding gold. However, many traders remain cautious and avoid building large positions, waiting for clearer policy signals.
Technical analysis interpretation:
From the monthly chart analysis, gold breaking through the neckline becomes a key trigger point. The pattern measures the depth from the neckline to the bottom of the head and projects it upward, giving a target price range of $3200-3300, which has now been achieved.
In addition, the pattern is not only technically strong, but also psychologically significant. A breakout after a long period of consolidation often attracts new long-term market participants and speculators.
Market Observation:
Current market sentiment is cautiously optimistic. On the one hand, macro uncertainty and risk aversion demand drive funds to the gold market; on the other hand, concerns about the timing and magnitude of the Fed's policy adjustments restrict the willingness of some bulls to take risks.
Quaid Analysis:
Bull Outlook
After the gold price breaks through the 3350 resistance level I predicted, the next target range may point to 3380-3400.
Short Outlook
In the short term, gold may face technical pullback pressure. The main support levels are at 3330 and 3300. If it falls below 3300, it may trigger a deeper pullback to around 3240.
Quaid believes that the market's expectations for the Fed's shift may be too optimistic. If future data show that inflationary pressure remains stubborn or economic resilience exceeds expectations, it may lead to a delay in expectations for rate cuts, thereby putting pressure on gold prices.
XAU/USD "The Gold" Metals Market Heist Plan (Swing/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "The Gold" Metals Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the NEUTRAL LEVEL breakout (3400) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📍 Thief SL placed at the recent/swing low level Using the 4H timeframe (3200) Day trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 3680 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
💰💵💴💸XAU/USD "The Gold" Metals Market Heist Plan (Day / Swing Trade) is currently experiencing a Neutral trend (there is a chance to move bullishness🐂).., driven by several key factors.👆👆👆
📰🗞️Get & Read the Fundamental, Macro economics, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Index-Specific Analysis, Positioning and future trend targets with Overall Score...... go ahead to check👉👉👉🔗🔗🌎🌏🗺
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
XAU/USD "The Gold" Metal Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "The Gold" Metal Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk GREEN MA Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the Neutral Level breakout then make your move at (3260.00) - Bearish profits await!"
however I advise to Place sell stop orders above the Moving average (or) after the Support level Place sell limit orders within a 15 (or) 30 minute timeframe most NEAREST (or) SWING low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a sell stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📌Thief SL placed at the nearest/swing High or Low level Using the 3H timeframe (3360.00) Day/Scalping trade basis.
📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 3170.00 (or) Escape Before the Target
💰💵💸XAU/USD "The Gold" Metal Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩