Xauusd next target for today
Distance Calculation for Buy Analysis
Based on the updated chart, the key price levels are:
Resistance Area (Target): 2,940.00
Support Area (Entry Zone): 2,900.00
Distance Calculation:
\text{Distance} = \text{Resistance Level} - \text{Support Level}
= 2,940.00 - 2,900.00 ]
= 40.00 \text{ (points)}
Buy Trade Setup
Entry Point: Around 2,900.00 (Support area)
Target: 2,940.00 (Resistance area)
Potential Profit: 40 points
Risk-Reward Consideration
If placing a stop-loss below support (e.g., at 2,890.00):
Risk: ~10 points
Reward: ~40 points
Risk-Reward Ratio: 1:4 (Favorable for buyers)
Based on the updated chart, the key price levels are:
Resistance Area (Target): 2,940.00
Support Area (Entry Zone): 2,900.00
Distance Calculation:
\text{Distance} = \text{Resistance Level} - \text{Support Level}
= 2,940.00 - 2,900.00 ]
= 40.00 \text{ (points)}
Buy Trade Setup
Entry Point: Around 2,900.00 (Support area)
Target: 2,940.00 (Resistance area)
Potential Profit: 40 points
Risk-Reward Consideration
If placing a stop-loss below support (e.g., at 2,890.00):
Risk: ~10 points
Reward: ~40 points
Risk-Reward Ratio: 1:4 (Favorable for buyers)
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Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.