GOLD to go down +300 PIP
Short XAUUSD Trading Position on 30 min timeframe
Initial Take Profit: 2310
SL: 2345.67
Gold shows a possibility of breaking down an ascending channel, where the price has fluctuated just underneath a 4h structure break. It is expected to break the showed trendline and reach the 1h parallel channel's bottom.
Traders should be cautious and monitor key levels of support and resistance, as well as any further bearish signals that may confirm this potential move.
I would be grateful to get your feedback on this idea if you have any opinions to share.
✽↝✔
Esteem your Analysis and seek improvements ⌁
AbdullahTech ♾
Initial Take Profit: 2310
SL: 2345.67
Gold shows a possibility of breaking down an ascending channel, where the price has fluctuated just underneath a 4h structure break. It is expected to break the showed trendline and reach the 1h parallel channel's bottom.
Traders should be cautious and monitor key levels of support and resistance, as well as any further bearish signals that may confirm this potential move.
I would be grateful to get your feedback on this idea if you have any opinions to share.
✽↝✔
Esteem your Analysis and seek improvements ⌁
AbdullahTech ♾
Trade attivo
Trade chiuso manualmente
Closed at Entry point
AbdullahTech
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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.
AbdullahTech
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.