Yaqoubyousef

Yaqoubyousef

This chart represents gold trading (Gold Spot / U.S. Dollar) on the TradingView platform. Here’s an explanation of its main components: 1. Simple Moving Averages (SMA): SMA: 50 (Timeframe: D): A 50-day moving average on the daily timeframe. Its level is marked at 2664.98. SMA: 50 (Timeframe: 240): A 50-period moving average on the 4-hour timeframe (240 minutes)....

Yaqoubyousef

This chart shows a strategic approach to trading gold (XAU/USD) by setting multiple take-profit (TP) levels and a stop-loss (SL) to manage risk and maximize profit. The entry price is set at 2666.1575, with three predefined target profit levels: TP (1) at 2663.76, TP (2) at 2661.36, and TP (3) at 2658.96. Each TP level offers an exit point that secures incremental...