📅 New Week, New Month:
As we stepped into June, new players entered the market. We were near crucial buy zones for gold. We anticipated a significant move should the 2277.345 level break, potentially opening the chart for a more substantial drop.
📉 Monday's Plan Execution:
Plan B: Worked out perfectly.
Early on Monday, the market hit an H4 buy zone right after the open, giving the price a nice lift-off.
This confirmed our market structure analysis for Plan B, leading to a successful trade with an impressive 8RR (Risk-Reward Ratio).
🔍 Trade Details:
Entry Price: 2351.696
Stop Loss: 2354.875
Take Profit: 2326.000
📝 Updated Plan:
Given the successful execution of Plan B, we will continue to monitor market conditions for further opportunities. Keep an eye on key levels and potential buy zones for optimal entry points.
🔔 Disclaimer:
This post is for educational purposes only and does not constitute financial advice. Trading involves substantial risk and is not suitable for every investor. Always conduct your own research before making any trading decisions.
Happy Trading! 🚀📊💰
#Gold #Trading #TechnicalAnalysis #MarketUpdate #Forex #Commodities #NewMonth #Investing #SuccessfulTrade
As we stepped into June, new players entered the market. We were near crucial buy zones for gold. We anticipated a significant move should the 2277.345 level break, potentially opening the chart for a more substantial drop.
📉 Monday's Plan Execution:
Plan B: Worked out perfectly.
Early on Monday, the market hit an H4 buy zone right after the open, giving the price a nice lift-off.
This confirmed our market structure analysis for Plan B, leading to a successful trade with an impressive 8RR (Risk-Reward Ratio).
🔍 Trade Details:
Entry Price: 2351.696
Stop Loss: 2354.875
Take Profit: 2326.000
📝 Updated Plan:
Given the successful execution of Plan B, we will continue to monitor market conditions for further opportunities. Keep an eye on key levels and potential buy zones for optimal entry points.
🔔 Disclaimer:
This post is for educational purposes only and does not constitute financial advice. Trading involves substantial risk and is not suitable for every investor. Always conduct your own research before making any trading decisions.
Happy Trading! 🚀📊💰
#Gold #Trading #TechnicalAnalysis #MarketUpdate #Forex #Commodities #NewMonth #Investing #SuccessfulTrade
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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.
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.