XAUUSD Sell Position: Anticipating Liquidity Pool Fill Below Dem
Pair: XAUUSD
Entry: 1959.708
Stop Loss: 1996.130 (above supply zone)
Take Profit: 1837.566 (filling liquidity pools below demand zones)
Analysis: The XAUUSD pair presents a potential selling opportunity as the price is expected to fill up liquidity pools located below the demand zones. A sell position can be considered at 1959.708. To manage risk, a stop loss has been placed at 1996.130, positioned just above the supply zone to prevent potential losses in case of a breakout. The take profit level has been set at 1837.566, targeting the anticipated filling of liquidity pools below the demand zones.
Please conduct your own analysis and consider your risk tolerance before entering any trades. Happy trading!"
Entry: 1959.708
Stop Loss: 1996.130 (above supply zone)
Take Profit: 1837.566 (filling liquidity pools below demand zones)
Analysis: The XAUUSD pair presents a potential selling opportunity as the price is expected to fill up liquidity pools located below the demand zones. A sell position can be considered at 1959.708. To manage risk, a stop loss has been placed at 1996.130, positioned just above the supply zone to prevent potential losses in case of a breakout. The take profit level has been set at 1837.566, targeting the anticipated filling of liquidity pools below the demand zones.
Please conduct your own analysis and consider your risk tolerance before entering any trades. Happy trading!"
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.