Gold Analysis & Trading Plan – First Week of August
Overall Outlook:
Gold is currently consolidating between key levels. A breakout above resistance or a breakdown below support will determine the next move.
⸻
Bullish Scenario (LONG Setup)
• Condition: 4H candle closes above 3364
• Targets:
• First target: 3373
• Second target: 3382
• If 4H closes above 3382, extended targets will be:
• 3392
• 3400
• 3422
⸻
Bearish Scenario (SHORT Setup)
• Condition: 4H candle closes below 3353
• Targets:
• 3333
• 3329
• If 4H closes below 3329, extended targets will be:
• 3319
• 3313
• 3308
⸻
Key Notes
• Focus on intraday trading between these weekly levels as long as price remains within the range.
• Always apply strict risk management.
Overall Outlook:
Gold is currently consolidating between key levels. A breakout above resistance or a breakdown below support will determine the next move.
⸻
Bullish Scenario (LONG Setup)
• Condition: 4H candle closes above 3364
• Targets:
• First target: 3373
• Second target: 3382
• If 4H closes above 3382, extended targets will be:
• 3392
• 3400
• 3422
⸻
Bearish Scenario (SHORT Setup)
• Condition: 4H candle closes below 3353
• Targets:
• 3333
• 3329
• If 4H closes below 3329, extended targets will be:
• 3319
• 3313
• 3308
⸻
Key Notes
• Focus on intraday trading between these weekly levels as long as price remains within the range.
• Always apply strict risk management.
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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.
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.