📌 Key Insights:
✅ #Gold remains in a strong uptrend, consistently forming higher highs.
✅ On the 1D timeframe, an AB=CD pattern is developing, signaling potential continuation.
✅ No bearish signs are evident, reinforcing bullish sentiment.
✅ A possible retest of previous highs & B-leg could offer a prime buy opportunity before a breakout.
📈 Trade Plan:
📍 Entry: Near the B-leg or previous highs upon confirmation.
🎯 Target: New all-time highs.
📉 Stop-Loss: Below key support levels to manage risk.
🔍 Chart Breakdown:
🖼️ Attach a well-annotated chart highlighting:
The AB=CD structure
Support/resistance zones
Potential entry & exit levels
Engagement Strategy:
Would you like me to refine this further or add a specific trading strategy? 🚀
✅ #Gold remains in a strong uptrend, consistently forming higher highs.
✅ On the 1D timeframe, an AB=CD pattern is developing, signaling potential continuation.
✅ No bearish signs are evident, reinforcing bullish sentiment.
✅ A possible retest of previous highs & B-leg could offer a prime buy opportunity before a breakout.
📈 Trade Plan:
📍 Entry: Near the B-leg or previous highs upon confirmation.
🎯 Target: New all-time highs.
📉 Stop-Loss: Below key support levels to manage risk.
🔍 Chart Breakdown:
🖼️ Attach a well-annotated chart highlighting:
The AB=CD structure
Support/resistance zones
Potential entry & exit levels
Engagement Strategy:
Would you like me to refine this further or add a specific trading strategy? 🚀
Nota
GOLD hit the new resistance level, as mention on the chart. now we will wait for the correction and GOLD retest the 2785 level. On this point we will take a long trade on GOLD. Nota
As I mentioned on the chart, GOLD reached new highs but faced rejection at that level. It is now moving downward toward our buying area. We will wait for a retest of this area before taking a long trade.Trade chiuso: obiettivo raggiunto
TP Hit
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.