I'm providing M-30 Gold chart. according to chart analysis we expect to sell targets.
#Chart with a downward trend, indicating a potential sell signal. The chart is labeled with various technical indicators and annotations.
#To determine the Take Profit (TP) and Stop Loss (SL) points, we need to analyze the chart and identify the relevant levels.
##Key Levels:
- Current Resistance: The chart shows a clear resistance level at around 3,372.99.
- Lower Wedge: The chart is forming a lower wedge pattern, which is a bullish reversal pattern. However, in this case, it appears to be a bearish continuation pattern.
- Present Support 1: The chart has a support level at around 3,332. / 3335.
- Strong Support 2: There is a stronger support level at around 3,305/270
#Target: The chart has a target level at around 3,255.
TP and SL Points:
#Take Profit (TP1): 3,322
##Take Profit (TP2): 3,305
##Take Profit (TP3): 3,255
- Stop Loss (SL): 3,392.80 (above the "Current Resistance" level)
#Chart with a downward trend, indicating a potential sell signal. The chart is labeled with various technical indicators and annotations.
#To determine the Take Profit (TP) and Stop Loss (SL) points, we need to analyze the chart and identify the relevant levels.
##Key Levels:
- Current Resistance: The chart shows a clear resistance level at around 3,372.99.
- Lower Wedge: The chart is forming a lower wedge pattern, which is a bullish reversal pattern. However, in this case, it appears to be a bearish continuation pattern.
- Present Support 1: The chart has a support level at around 3,332. / 3335.
- Strong Support 2: There is a stronger support level at around 3,305/270
#Target: The chart has a target level at around 3,255.
TP and SL Points:
#Take Profit (TP1): 3,322
##Take Profit (TP2): 3,305
##Take Profit (TP3): 3,255
- Stop Loss (SL): 3,392.80 (above the "Current Resistance" level)
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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.