Hello Trader,
Today CPI News Coming soon and My Favorite News All Time Favorite and 500 pips collected confirm And Sure Signals
This is a technical analysis chart for Gold Spot (XAU/USD) on a 4-hour timeframe. Here’s a breakdown of the key elements:
1. Breakout Zone: The chart highlights a breakout from a descending trendline, indicating a potential bullish move.
2. CPI Trades: The label suggests that the upcoming CPI (Consumer Price Index) release could impact price movements.
3. Take Profit Levels (TP1, TP2, TP3):
TP1: 2,884.452
TP2: 2,946.420
TP3: 2,979.671
These levels represent potential targets for the price to reach if the breakout continues.
4. Price Action Expectation:
A slight retracement (blue arrow down) before a potential bullish continuation towards TP2 and TP3.
5. Volume Indicator: Shows trading volume at the bottom, which can help confirm momentum.
Would you like an analysis of potential trade setups based on this chart?
Today CPI News Coming soon and My Favorite News All Time Favorite and 500 pips collected confirm And Sure Signals
This is a technical analysis chart for Gold Spot (XAU/USD) on a 4-hour timeframe. Here’s a breakdown of the key elements:
1. Breakout Zone: The chart highlights a breakout from a descending trendline, indicating a potential bullish move.
2. CPI Trades: The label suggests that the upcoming CPI (Consumer Price Index) release could impact price movements.
3. Take Profit Levels (TP1, TP2, TP3):
TP1: 2,884.452
TP2: 2,946.420
TP3: 2,979.671
These levels represent potential targets for the price to reach if the breakout continues.
4. Price Action Expectation:
A slight retracement (blue arrow down) before a potential bullish continuation towards TP2 and TP3.
5. Volume Indicator: Shows trading volume at the bottom, which can help confirm momentum.
Would you like an analysis of potential trade setups based on this chart?
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Pubblicazioni correlate
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.