This chart shows a potential long (buy) setup for Gold (XAU/USD) on the 1-hour timeframe. Here's a quick breakdown of what the chart is indicating:
Entry Level: Around $3,313 (current price is at this level).
Stop Loss: Set just below the recent low, in the $3,275
Entry Level: Around $3,313 (current price is at this level).
Stop Loss: Set just below the recent low, in the $3,275
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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.