XAUUSD GOLD TRADE IDEA READ THE CAPTION FOR DETAILS
This chart represents a short-term technical analysis of Gold Spot (XAU) against the U.S. Dollar (USD) on the 1-hour timeframe from OANDA. Here's the breakdown:
1. Current Price: The price is trading at 2,773.995 USD, showing an increase of +0.69%, indicating upward momentum.
2. Buy Limit Level: The suggested buy limit is set at 2,665 USD, indicating a key support level where buyers may enter if the price retraces.
3. Target Level: The price target is set at 2,800 USD, showing a bullish expectation for the price to rise toward this resistance level.
4. Stop-Loss Level: The stop-loss is placed at 2,754 USD, serving as a risk management point to limit potential losses if the price moves downward.
5. Market Context: The green candles reflect positive buying pressure, with the analysis suggesting a bullish continuation to the target if the price respects the support at the buy limit.
Strategy
The trade plan appears to involve entering at 2,665 USD with a stop-loss at 2,754 USD to manage downside risk, aiming for a potential profit target at 2,800 USD.
1. Current Price: The price is trading at 2,773.995 USD, showing an increase of +0.69%, indicating upward momentum.
2. Buy Limit Level: The suggested buy limit is set at 2,665 USD, indicating a key support level where buyers may enter if the price retraces.
3. Target Level: The price target is set at 2,800 USD, showing a bullish expectation for the price to rise toward this resistance level.
4. Stop-Loss Level: The stop-loss is placed at 2,754 USD, serving as a risk management point to limit potential losses if the price moves downward.
5. Market Context: The green candles reflect positive buying pressure, with the analysis suggesting a bullish continuation to the target if the price respects the support at the buy limit.
Strategy
The trade plan appears to involve entering at 2,665 USD with a stop-loss at 2,754 USD to manage downside risk, aiming for a potential profit target at 2,800 USD.
Trade active
Note
Running 20 pipsNote
Keep holdNote
2800 next target Note
90 pips Running keep hold gold will spike upNote
Market will open tomorrow Note
Next spike to 2800Trade closed manually
Lets wait for confirmation 
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Gold Free Signals 👇👇
t.me/GoldVipSignals7
For Free Signals Join My Channel
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t.me/GoldVipSignals7
For Free Signals Join My Channel
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