BUY GOLD
Support and Resistance:
Support Level: Around 2,558.12 USD (Stop Loss level).
Resistance Level: 2,717.91–2,720.69 USD (Take Profit 2 zone).
Trend and Pattern:
Price is moving within an ascending channel, indicating a bullish trend.
Potential upward movement towards the resistance zone.
Indicators:
MA50 and MA200 Cross: A golden cross suggests bullish momentum.
RSI: At 67.77, nearing the overbought zone, signaling caution for potential corrections.
Trading Plan:
Entry: Around 2,617.43 USD (current price).
Take Profit 1: 2,650.54 USD.
Take Profit 2: 2,717.91–2,720.69 USD.
Stop Loss: 2,558.12 USD (below the support zone).
Risk Management:
Maintain a risk-to-reward ratio of at least 1:2.
Monitor global economic news affecting gold prices.
Summary:
The chart suggests a bullish opportunity for XAU/USD. However, monitor for short-term corrections as RSI approaches overbought levels.
XAUUSD
Support Level: Around 2,558.12 USD (Stop Loss level).
Resistance Level: 2,717.91–2,720.69 USD (Take Profit 2 zone).
Trend and Pattern:
Price is moving within an ascending channel, indicating a bullish trend.
Potential upward movement towards the resistance zone.
Indicators:
MA50 and MA200 Cross: A golden cross suggests bullish momentum.
RSI: At 67.77, nearing the overbought zone, signaling caution for potential corrections.
Trading Plan:
Entry: Around 2,617.43 USD (current price).
Take Profit 1: 2,650.54 USD.
Take Profit 2: 2,717.91–2,720.69 USD.
Stop Loss: 2,558.12 USD (below the support zone).
Risk Management:
Maintain a risk-to-reward ratio of at least 1:2.
Monitor global economic news affecting gold prices.
Summary:
The chart suggests a bullish opportunity for XAU/USD. However, monitor for short-term corrections as RSI approaches overbought levels.
XAUUSD تم فتح الصفقة
أغلقت الصفقة: تم الوصول للهدف
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.