Trader_Denniss

Trader_Denniss

🚀 XAUUSD - GOLD SHORT SETUP | HIGH-PROBABILITY TRADE 📉🔥 Gold has reached the top of an upward channel and is showing signs of a potential reversal! This could be a high-probability short setup for traders. 🔹 Entry Point: Near $2,867 🎯 Take Profit Levels: $2,826, $2,790, and $2,715 🛑 Stop Loss: $2,895 📊 Market Analysis: If the price breaks below channel support,...

Trader_Denniss

Gold (XAU/USD) 1-Hour Chart: Precise Trading Setup This chart highlights a clear "Sell Zone" for Gold prices, representing a strong technical resistance level. The setup focuses on two critical elements: 1. Identification of the Sell Zone: This zone is ideal for initiating short trades with high probability, as the price has repeatedly faced rejection at this...

Trader_Denniss

BTC/USD Price Analysis Key Levels to Watch: Support Level: $93,000 Resistance Level: $95,000 Target Area: $96,200 Market Outlook: Bitcoin's price is currently consolidating between the key support and resistance levels. Here are two possible scenarios to consider: 1. Bullish Scenario: If the price breaks above the $95,000 resistance level with strong...

Trader_Denniss

The price of gold is currently trading within a well-defined ascending channel on the 1-hour timeframe. The recent rejection from the upper boundary of the channel suggests a potential bearish correction. Key Levels to Watch: Target 1: $2,654 – Midline of the channel, acting as the first support level. Target 2: $2,645 – Lower boundary of the channel, where...