Buy Entry: Set your buy entry at 2647. Stop Loss (SL): Place your stop loss at 2638. Take Profit (TP): Target your take profit at 2680. Risk/Reward (R/R): The ratio is 1:4.5, indicating you're risking 1 unit to potentially gain 4.5 units. Expert Trade Setup Notes: Position Sizing: Calculate the position size based on your account size and risk tolerance (e.g., 1%...
Here's how you can structure your trade with proper risk management, including setting your Take Profit (TP) and Stop Loss (SL): --- 1. Set Take Profit (TP): Your TP is 2650, which is the price level you anticipate the market to reach based on your technical analysis. This target could be based on support and resistance levels, Fibonacci retracements, or...
Here's how you can structure your trade with proper risk management, including setting your Take Profit (TP) and Stop Loss (SL): --- 1. Set Take Profit (TP): Your TP is 2650, which is the price level you anticipate the market to reach based on your technical analysis. This target could be based on support and resistance levels, Fibonacci retracements, or...
Gold (XAU/USD) reverses an intraday dip to the $2,620 area and trades near $2,650 on Thursday, albeit it lacks bullish conviction. Investors remain concerned that US President-elect Donald Trump's tariff plans will impact the global economic outlook. Gold now buy 2646 Support 2660 Support 2668
pls leave comment and boost if u like and main subject is ---------------------------------- Analysis of the Ascending Channel: Ascending Channel: The price is moving within a defined range, with a lower trendline (support) and an upper trendline (resistance). Support Zone: You’ve marked a clear support area where the price has previously reacted. This makes it...
tp as i said final tp 2605 don risk managment and dont forget to save profits
Market Context Ascending Channel Breakout: The price has decisively broken out of the existing ascending channel, confirming bullish momentum and strong buying pressure. Key Resistance at 2655: The 2655 level is a significant resistance zone, reinforced by the 50% Fibonacci retracement level, suggesting a potential reversal or profit-taking area. Additional...
Scenario Analysis: Instrument: XAU/USD (Gold) Timeframe: 1-Hour Chart Broker Data: OANDA Key Observations: The price is approaching a critical resistance zone near the 0.5 Fibonacci retracement level (around 2661). This level aligns with a strong area of supply or resistance, suggesting selling pressure may emerge. The downward trend suggests the price will...