CFDs on Gold (US$ / OZ)
Short
Updated

Gold is on Roller Coaster. Soon It Will Start to Fall

466
XAUUSD H4 Chart Analysis

Bearish Trend Reversal Confirmed

Key Highlights:
- Choch pattern formed after multiple Break of Structure (BOS) events
- Trend reversal from bullish to bearish confirmed
- Recent fill of Fair Value Gap observed

Market Outlook:
Gold poised for decline after filling Fair Value Gap and bouncing off Point of Interest (POI)

Trading Strategy:
- Selling Zone: 2640-2660
- Stop Loss: 2680 (above POI)
- Take Profit targets:
1. 2610
2. 2570
3. 2540
Trade active
snapshot
We Were Closed to Get Take Profit1 but it again get reversal from 2620.
Be patient Soon waterfall will occur.
Still We got 350+ Pips Profit.
Trade closed: target reached
snapshot
Target 1 Achieved 👍
We have Running profit of 450+ Pips

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