This chart shows a trading setup for Gold (XAUUSD) on the 1-hour timeframe, with clearly defined:
Entry Level: Around 3,305 USD
Stop Loss Level: Slightly above the entry, around 3,320 USD
Take Profit Level: Near 3,270 USD
This setup suggests a short (sell) position is being considered, likely based on price reacting to a key resistance zone (highlighted by the top red zone) where price was rejected before (noted by the previous peaks circled in orange).
The green arrow pointing down indicates the expected price movement, targeting a retest of the support zone below.
If you want, I can help analyze the risk-reward ratio or discuss why this level might be significant based on technical indicators. Want to dive deeper?
Entry Level: Around 3,305 USD
Stop Loss Level: Slightly above the entry, around 3,320 USD
Take Profit Level: Near 3,270 USD
This setup suggests a short (sell) position is being considered, likely based on price reacting to a key resistance zone (highlighted by the top red zone) where price was rejected before (noted by the previous peaks circled in orange).
The green arrow pointing down indicates the expected price movement, targeting a retest of the support zone below.
If you want, I can help analyze the risk-reward ratio or discuss why this level might be significant based on technical indicators. Want to dive deeper?
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/ProfessorFxUniversity
t.me/ADKillerA8uOX5hZmM0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/ProfessorFxUniversity
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/ADKillerA8uOX5hZmM0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/ProfessorFxUniversity
t.me/ADKillerA8uOX5hZmM0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/ProfessorFxUniversity
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.