The image you've provided shows a 15-minute XAU/USD (Gold vs US Dollar) chart with a short (sell) trade setup. Here's a breakdown of the chart:
Entry Line: Around 3,223, indicating the point where the short position is initiated.
Take Profit Line: Set around 3,200.605, indicating the target for the short trade.
Trade Direction: Short (downward arrow confirms selling intent).
Current Price: Roughly 3,221.900, slightly below the entry point, meaning the trade is in a small profit.
This setup suggests the trader expects further downside movement in gold prices, aiming for a drop to the 3,200 region.
Let me know if you want an analysis of this setup, a risk/reward calculation, or trade suggestions.
Entry Line: Around 3,223, indicating the point where the short position is initiated.
Take Profit Line: Set around 3,200.605, indicating the target for the short trade.
Trade Direction: Short (downward arrow confirms selling intent).
Current Price: Roughly 3,221.900, slightly below the entry point, meaning the trade is in a small profit.
This setup suggests the trader expects further downside movement in gold prices, aiming for a drop to the 3,200 region.
Let me know if you want an analysis of this setup, a risk/reward calculation, or trade suggestions.
Trade active
TRADE ACTIVETrade closed: target reached
trade active
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t.me/aoh7ntKqUcdkZWJkhttps://t.me/aoh7ntKqUcdkZWJkIm professional forex trader....Im providing signals ..join me telegram channel
t.me/aoh7ntKqUcdkZWJkIm
t.me/aoh7ntKqUcdkZWJkIm
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.