Hey, what's up Traders! I’ve been watching Gold closely, and it seems like we’re seeing a descending channel setup. After hitting the top, it’s now testing the lower boundary. If Gold can't hold this support level, we could see a nice downward move. The entry range I’m eyeing is around 3275-3295, with a stop loss just above at 3239.
The volume behind this move suggests we might see more selling pressure. If Gold breaks through the lower trendline, the downside move could gather more momentum. As always, let’s manage risk carefully, stay sharp, and watch the price action closely!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
If you found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
- 1st target: 3209
- 2nd target: 3160
- Final target: 3120
The volume behind this move suggests we might see more selling pressure. If Gold breaks through the lower trendline, the downside move could gather more momentum. As always, let’s manage risk carefully, stay sharp, and watch the price action closely!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
If you found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
Nota
Guy's please correct stop loss at 3339, typing errorTrade chiuso: stop raggiunto
👉 Forex, Gold & Crypto Signals
82% accuracy, Structured & risk-managed trades
👉 Free Signals with Tickmill Account:
tickmill.link/4j0svdU
👉 Telegram (Signals & Analysis):
spf.bio/c1lkb
👉 Support: wa.me/919560602464
82% accuracy, Structured & risk-managed trades
👉 Free Signals with Tickmill Account:
tickmill.link/4j0svdU
👉 Telegram (Signals & Analysis):
spf.bio/c1lkb
👉 Support: wa.me/919560602464
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
👉 Forex, Gold & Crypto Signals
82% accuracy, Structured & risk-managed trades
👉 Free Signals with Tickmill Account:
tickmill.link/4j0svdU
👉 Telegram (Signals & Analysis):
spf.bio/c1lkb
👉 Support: wa.me/919560602464
82% accuracy, Structured & risk-managed trades
👉 Free Signals with Tickmill Account:
tickmill.link/4j0svdU
👉 Telegram (Signals & Analysis):
spf.bio/c1lkb
👉 Support: wa.me/919560602464
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.