Hey Traders! 👋
The market is heating up, and emotions are running high. Greed is in the air, and it’s time to channel that energy into smart, calculated moves. Let’s talk about a setup that’s too good to ignore—a classic uptrend channel that’s screaming opportunity. But remember, even in the heat of the moment, discipline is key. Here’s how to play it:
The...
Based on the analysis of the Gold (XAU/USD) chart using the Alligator indicator and Fibonacci levels, we observe that the price is currently trading near the key support level at 2,534.092. The Alligator indicator suggests a potential bearish trend, as its lines (Jaw, Teeth, Lips) are positioned above the price, indicating selling pressure.
Recommendation:
Sell...
