GOLD AFTER SUPPORT
Technical Overview:
1. Current Position:
Gold declined to 2660 but rebounded, now trading above 2665, which serves as a key support level.
2. Expectations:
Potential downward adjustment to the 2665 zone during Asian/European sessions.
Likely upside targets: 2675 and 2690.
---
Trading Plan:
Buy Zone:
Between 2666 - 2664.
Stop Loss (SL):
2661 to minimize downside risk.
Take Profit (TP):
First target: 2675.
Second target: 2690.
---
Notes:
Monitor price action around the 2665 level closely to confirm buying momentum.
Adjust SL and TP dynamically if there’s significant volatility or news impacting gold.
Maintain risk management: Position sizing should align with your risk tolerance.
Good luck with your trade! Let me know if you'd like a more detailed strategy or updates.
1. Current Position:
Gold declined to 2660 but rebounded, now trading above 2665, which serves as a key support level.
2. Expectations:
Potential downward adjustment to the 2665 zone during Asian/European sessions.
Likely upside targets: 2675 and 2690.
---
Trading Plan:
Buy Zone:
Between 2666 - 2664.
Stop Loss (SL):
2661 to minimize downside risk.
Take Profit (TP):
First target: 2675.
Second target: 2690.
---
Notes:
Monitor price action around the 2665 level closely to confirm buying momentum.
Adjust SL and TP dynamically if there’s significant volatility or news impacting gold.
Maintain risk management: Position sizing should align with your risk tolerance.
Good luck with your trade! Let me know if you'd like a more detailed strategy or updates.
أغلقت الصفقة: تم الوصول للهدف
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If you have any question say me hello on Telegram t.me/+rhdrYDRX8cs5OWVk
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