M _15 SCENARIO
Updated
Selling gold (XAU/USD) between the levels of $2,642 and $2,639 suggests targeting a bearish move likely anticipated from strong resistance or overbought conditions. Key strategies for this position involve monitoring confirmations such as bearish candlestick patterns or weakening momentum indicators. Stop-loss placement above $2,650 and take-profit targets around $2,620 or lower could align with risk management. This strategy assumes a continuation of downward pressure from macroeconomic factors like a strong dollar or higher Treasury yields.
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✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
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✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
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