Best analysis Trading Plan for Gold CFDs (1H Chart)
Entry Strategy: Anticipating a potential sell setup after price action confirms rejection within the marked zone.
Take-Profit Levels:
TP1: 2610.260
TP2: 2600.939
Stop Loss: Positioned at 2632.011 to manage risk effectively.
Market Structure: Price is expected to consolidate within the identified range before continuing downward momentum, as illustrated by the projected zig-zag pattern.
This analysis is based on current market structure and key resistance and support zones. Always ensure proper risk management.