A strong Support & Resistance (SNR) level has been identified as a potential reversal zone for GOLD. The formation of a bullish candle at the support level signals a possible upward movement in the market on the 1-hour time frame.
📌 Trade Recommendations:
Risk management: Do not risk more than 1% per trade.
Stop Loss (SL) should be placed strategically based on market structure and volatility.
Trade cautiously and wait for confirmation before entering! 🚀
Regards
Sherry
📌 Trade Recommendations:
Risk management: Do not risk more than 1% per trade.
Stop Loss (SL) should be placed strategically based on market structure and volatility.
Trade cautiously and wait for confirmation before entering! 🚀
Regards
Sherry
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.
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.