Gold Spot / U.S. Dollar
Short
Updated

Gold short term trend (30m time frame)

74
Personal Analysis:

👉Because it is being sold off after failing to break above 3040 to maintain its strong upward momentum. It is currently moving sideways in the 3034-3040 zone. If there is any break, the nearest short-term support zone will be 3027 and further 3016

👉Based on trend lines and resistance - support levels to come up with suitable strategies

Plan:
🔆Price Zone Setup:

👉Sell Gold 3040 - 3042
❌SL: 3046 | ✅TP: 3035 – 3030 - 3023

FM wishes you a successful trading day 💰💰💰
Note
hit+ 30 pips from 3040
Note
hit near +40 pips from buy 3040
Trade active
Hit + 50 pips from 3040
congratulation
Trade closed: target reached
achieve the original goal

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