This chart represents a technical analysis of the Gold Spot (XAU/USD) in a 15-minute timeframe. A potential long setup is observed with clearly defined trade levels.
Entry Zone:
Price is expected to retrace into the entry zone between $3,004.39 and $2,992.03 before making a bullish move.
Stop Loss:
Below $2,992.01, to manage risk in case the setup fails.
Initial Target:
$3,020.16 — a key resistance level where partial profits can be secured.
Final Target:
$3,037.87 — the full target if the bullish move continues.
The plan is to wait for a pullback into the entry zone, followed by a potential reversal toward the mentioned targets. Proper risk management is advised.
ALWAYS USE STOPLOSS AND TAKE PROFIT AND ALSO USE PROPER MONEY MANAGEMENT AND RISK MANAGEMENT.
Entry Zone:
Price is expected to retrace into the entry zone between $3,004.39 and $2,992.03 before making a bullish move.
Stop Loss:
Below $2,992.01, to manage risk in case the setup fails.
Initial Target:
$3,020.16 — a key resistance level where partial profits can be secured.
Final Target:
$3,037.87 — the full target if the bullish move continues.
The plan is to wait for a pullback into the entry zone, followed by a potential reversal toward the mentioned targets. Proper risk management is advised.
ALWAYS USE STOPLOSS AND TAKE PROFIT AND ALSO USE PROPER MONEY MANAGEMENT AND RISK MANAGEMENT.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.