XAUUSD (Gold) Analysis – Bullish Momentum in Play
Gold appears bullish today, with potential highs around $2,825 – $2,830. It’s advisable to avoid aggressive short positions until clear reversal signals emerge.
📌 Key Trading Levels:
🔹 Optimal Buy Zone: $2,887 – $2,877, but only if a Change of Character (CHOCH) is confirmed.
🔹 Without CHOCH, bullish momentum is likely to continue.
📈 Trading Strategy:
✅ Wait for confirmation signals before considering short trades.
✅ Implement strict risk management to safeguard capital.
✅ Monitor price action & fundamentals for quick adaptability.
Trade smart, stay disciplined, and follow your strategy! ⚡📊✨
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.