Gold Spot / U.S. Dollar
Long
Updated

XAU/USD bullish side long analysis 30-minutes

85
this may be the right time for avail buying opportunity for long position here chart based data

Identify Key Support and Resistance Levels: Look for horizontal lines where the price has reversed in the past. The area marked for potential bullish support should act as a key level.
Trend Analysis: Determine if the overall trend is bullish by assessing the price movement and patterns. Higher highs and higher lows typically indicate a bullish trend.
Volume Analysis: Look for increases in volume on bullish moves compared to previous moves. Strong volume can confirm the strength of the trend.

Entry Point: Based on the analysis, determine your entry point. If the price retraces to a recognized support level within your bullish range, it may present a good buying opportunity.
Risk Management: Set stop-loss levels to manage risk. Place stops below key support levels to minimize potential losses.
Trade closed: target reached
congrats our target 1 is reached running at 150+ pips so let's move on and wait for another solid setup stay tuned for more updates thanks

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