In this analysis we're focusing on 2H timeframe for finding the upcoming changes in gold price.
Here we can see clearly that gold price creates trendline resistance and also price sweep all the SSL and pre. daily LQ sweep. Now I'm waiting for retracement, If price retest my supply zone and give bearish sign or reversal confirmation than we'll execute our trades. This is a higher time frame outlook. Further analyze more deeply into smaller time frame and place our position from an perfect point.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
Keep an eye on these levels. Confirmation is key.
#XAUUSD 2H Technical Analysis Expected Move.
Here we can see clearly that gold price creates trendline resistance and also price sweep all the SSL and pre. daily LQ sweep. Now I'm waiting for retracement, If price retest my supply zone and give bearish sign or reversal confirmation than we'll execute our trades. This is a higher time frame outlook. Further analyze more deeply into smaller time frame and place our position from an perfect point.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
Keep an eye on these levels. Confirmation is key.
#XAUUSD 2H Technical Analysis Expected Move.
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Daily free forex & gold signals ✨
100% Accuracy 🔫
Join my telegram for free:
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100% Accuracy 🔫
Join my telegram for free:
t.me/Trade_Tactics09
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.