I'm planning a short (sell) trade on gold with the current price at **3254** and resistance at **3282**. Here's a breakdown of your sell targets:
### **Trade Plan: GOLD SELL**
- **Current Position:** 3254
- **Resistance Level:** 3282 (Stop Loss could be placed above this level, e.g., 3300-3315)
- **Targets:**
- **1st Target:** 3210 **(440 pips)**
- **2nd Target:** 3152 **(1020 pips total)**
- **3rd Target:** 3082 **(1720 pips total)**
- **4th Target:** 2967 **(2870 pips total)**
### **Risk Management Suggestions:**
1. **Stop Loss (SL):**
- Ideally above resistance (e.g., 3285-3290).
- Risk-reward ratio improves if SL is tight (e.g., 30-40 pips for the first target).
2. **Partial Profit Booking:**
- Consider closing part of the position at 3210 (1st target) to lock in profits.
- Trail SL to breakeven or adjust as price moves in your favor.
3. **Market Conditions:**
- If gold breaks above 3282, the bearish setup may be invalidated.
- Watch for price action near resistance (rejection candles for confirmation).
Would you like help with entry timing or technical confirmation signals? 🚀
### **Trade Plan: GOLD SELL**
- **Current Position:** 3254
- **Resistance Level:** 3282 (Stop Loss could be placed above this level, e.g., 3300-3315)
- **Targets:**
- **1st Target:** 3210 **(440 pips)**
- **2nd Target:** 3152 **(1020 pips total)**
- **3rd Target:** 3082 **(1720 pips total)**
- **4th Target:** 2967 **(2870 pips total)**
### **Risk Management Suggestions:**
1. **Stop Loss (SL):**
- Ideally above resistance (e.g., 3285-3290).
- Risk-reward ratio improves if SL is tight (e.g., 30-40 pips for the first target).
2. **Partial Profit Booking:**
- Consider closing part of the position at 3210 (1st target) to lock in profits.
- Trail SL to breakeven or adjust as price moves in your favor.
3. **Market Conditions:**
- If gold breaks above 3282, the bearish setup may be invalidated.
- Watch for price action near resistance (rejection candles for confirmation).
Would you like help with entry timing or technical confirmation signals? 🚀
Trade active
kepp hold in sell guys sell running from 3258 now running profit 500 pipsNote
gold sell running profi 800 pips keep hold in sellNote
gold sell running profit 1200 pips keep hold in sell 
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.