Chart Analysis
Trend: The market is currently in an uptrend with a pullback happening within a bullish flag or channel.
Current Price: Around 3,390.13
Support Zone: Near 3,322.725
Potential Entry: At or just below the current price level after a small dip (as shown by the blue arrow).
Bullish Bias: Based on the continuation pattern and price respecting the upward trendline.
📈 Trade Setup (Buy Position)
Entry: Around 3,390
Stop Loss (SL): Below the recent swing low or channel support → around 3,361
Take Profit (TP): Targeting the projected measured move → around 3,450 - 3,460
This setup gives a decent Risk:Reward ratio, approximately 1:2 or better, depending on the exact entry.
🔁 Summary
Entry: 3,390
SL: 3,361
TP: 3,450 to 3,460
Bias: Bullish continuation after a healthy pullback
Trend: The market is currently in an uptrend with a pullback happening within a bullish flag or channel.
Current Price: Around 3,390.13
Support Zone: Near 3,322.725
Potential Entry: At or just below the current price level after a small dip (as shown by the blue arrow).
Bullish Bias: Based on the continuation pattern and price respecting the upward trendline.
📈 Trade Setup (Buy Position)
Entry: Around 3,390
Stop Loss (SL): Below the recent swing low or channel support → around 3,361
Take Profit (TP): Targeting the projected measured move → around 3,450 - 3,460
This setup gives a decent Risk:Reward ratio, approximately 1:2 or better, depending on the exact entry.
🔁 Summary
Entry: 3,390
SL: 3,361
TP: 3,450 to 3,460
Bias: Bullish continuation after a healthy pullback
Trade active
200pips running profit Trade closed: target reached
Almost hit our traget
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Daily signals here
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.
Our telegram channel daily update here guys t.me/GOLDTRDAINGSIGNAL11
Daily signals here
Daily signals here
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.