Potential Trade Strategy
Scenario 1: Bearish Reversal
Entry Point: Consider short positions if gold fails to break above $3,500 and shows signs of reversal.
Stop Loss: Place above $3,500 to manage risk.
Target: Set a target near $3,230, aligning with the support zone.
Scenario 2: Bullish Continuation
Entry Point: Look for long positions if gold consolidates above $3,500 with strong volume.
Stop Loss: Place below $3,450 to protect against downside risk.
Target: Aim for a move towards $3,600, considering the next resistance level.
Scenario 1: Bearish Reversal
Entry Point: Consider short positions if gold fails to break above $3,500 and shows signs of reversal.
Stop Loss: Place above $3,500 to manage risk.
Target: Set a target near $3,230, aligning with the support zone.
Scenario 2: Bullish Continuation
Entry Point: Look for long positions if gold consolidates above $3,500 with strong volume.
Stop Loss: Place below $3,450 to protect against downside risk.
Target: Aim for a move towards $3,600, considering the next resistance level.
Time is Money And Trust is Profit💯 No One can beat me in account mangement Trading is my Patience
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/TheWorld_Empire_Trading
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/TheWorld_Empire_Trading
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.
Time is Money And Trust is Profit💯 No One can beat me in account mangement Trading is my Patience
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/TheWorld_Empire_Trading
t.me/Making_Millions_Dollars
ALL CRYPTO SIGNALS AVAILABLE BTC/ XAUUSD/USDCAD/GBPJPYm👇
t.me/TheWorld_Empire_Trading
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.