"I have set the following levels for XAU/USD gold:
Resistance: 2747
Support: 2660
Target for this week: 2660
Stop Loss (SL): 2769
This is my weekly forecast, so please consider this for an overview."
Key Points:
Resistance Level: 2747, indicating a potential area where the price may struggle to rise above.
Support Level: 2660, where the price might find buying interest and possibly bounce back.
Weekly Target: Aiming for a drop to 2660 this week.
Stop Loss: Set at 2769 to limit potential losses if the market moves against the position.
This framework can help guide trading decisions based on current market conditions.
Resistance: 2747
Support: 2660
Target for this week: 2660
Stop Loss (SL): 2769
This is my weekly forecast, so please consider this for an overview."
Key Points:
Resistance Level: 2747, indicating a potential area where the price may struggle to rise above.
Support Level: 2660, where the price might find buying interest and possibly bounce back.
Weekly Target: Aiming for a drop to 2660 this week.
Stop Loss: Set at 2769 to limit potential losses if the market moves against the position.
This framework can help guide trading decisions based on current market conditions.
Trade active
160+ pips Running profit
Trade active
190+pips Running profit 
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.