XAUUSD -Anticipating a Pullback and Subsequence Drop - 30mins
Hi everyone,
I hope you have a great week of trading ahead and enjoyed my previous market analysis, which saw a gain of 370 pips from a short position at 2369 to 2332. For this week, we anticipate a drop in gold prices, though it may not occur immediately and could happen after a few days of range-bound movement.
There is strong resistance at the 2331-2336 level. We expect gold to pull back to this range before declining further. After this range, we foresee a drop to 2307, 2296, and 2287. Please note that this is not financial advice, but rather my analysis for the upcoming week.
Check the attached chart and kindly share your valuable comments.
I hope you have a great week of trading ahead and enjoyed my previous market analysis, which saw a gain of 370 pips from a short position at 2369 to 2332. For this week, we anticipate a drop in gold prices, though it may not occur immediately and could happen after a few days of range-bound movement.
There is strong resistance at the 2331-2336 level. We expect gold to pull back to this range before declining further. After this range, we foresee a drop to 2307, 2296, and 2287. Please note that this is not financial advice, but rather my analysis for the upcoming week.
Check the attached chart and kindly share your valuable comments.
تم فتح الصفقة
Please wait for Pull Back to 2333 and short after confirmation to Tp1: 2307
Tp2: 2296
Tp3: 2287
أغلقت الصفقة: تم الوصول للهدف
both Tp 1 and 2 met, and for TP3 it was so close. Total 400 Pips
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.