- Current Bias: Bearish
- Market Structure: Lower highs and lower lows forming post recent peak near $3268.05.
- Price Action: Gold recently broke below a key support zone around $3268.05,
Trade Setups
📉 Bearish Setup (Primary Bias)
Entry: On rejection at $3256.24 or a break/retest of $3268.05
Stop Loss: $3272.67
Take Profit:
- TP1: $3193.97
- TP2: $3102.09
- TP3: $3047.62
capital: $50
risk: $46(-96%)
reward: $380(+250%)
Note
its a bearish continui tion pattern
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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.
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.