Gold (XAUUSD) is approaching a key buying area where strong support is expected. A retracement to this zone could provide a high-probability buying opportunity before the next bullish move.
If price shows confirmation signals such as bullish candlestick patterns or a rejection from support, buyers may step in, pushing gold higher. This setup offers a great risk-to-reward opportunity for traders.
Stay patient, wait for the perfect entry, and manage your risk wisely! 📈🔥
Technical Analysis by Ali Khan
If price shows confirmation signals such as bullish candlestick patterns or a rejection from support, buyers may step in, pushing gold higher. This setup offers a great risk-to-reward opportunity for traders.
Stay patient, wait for the perfect entry, and manage your risk wisely! 📈🔥
Technical Analysis by Ali Khan
Trade closed: target reached
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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.