XAUUSD TODAY'S MAPPING IS HERE
Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of XAUUSD ( GOLD ) in 30-M TF
Gold is in an uptrend (moving higher).
The price is now at a support zone (a place where it might bounce back up).
The trader expects a small dip before gold continues rising (blue arrow).
If gold stays above the support, it could go up to around 2,943.
Basically, the plan is to buy near support and aim for a higher price, with a stop loss to limit risk.
Here we are mapping chart of XAUUSD ( GOLD ) in 30-M TF
Gold is in an uptrend (moving higher).
The price is now at a support zone (a place where it might bounce back up).
The trader expects a small dip before gold continues rising (blue arrow).
If gold stays above the support, it could go up to around 2,943.
Basically, the plan is to buy near support and aim for a higher price, with a stop loss to limit risk.
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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.