Another great week last week we caught the rise early for 1500 pips, lets see can we catch the sell off this week
Buy Entry – 4264
Context: Price recently retraced toward key Fibonacci support near 0.5–0.618 levels (around 4180–4240 region).
Rationale: 4264 aligns with prior breakout zone and 20 EMA dynamic support. Volume concentration just below adds confluence for a potential rebound.
Targets:
Short-term: 4300 (psychological and structural resistance).
Extension: 4340–4360 (previous swing highs).
Stop-loss: Below 4230 support or under 4180 structure (protect against deeper retrace).
Sell Entry – 4236
Context: Positioned near lower range boundary after bullish exhaustion from 4380 top.
Rationale: Acts as a breakdown confirmation if price closes below 4240, breaking the 20 EMA and invalidating near-term bullish structure.
Targets:
Initial: 4180 (0.5 retracement pivot).
Extended: 4120–4100 (previous accumulation zone).
Stop-loss: Above 4270–4280 resistance area (invalidate short bias).
Summary
Bias: Bullish while price holds above 4230–4240.
A daily close below 4230 invalidates buy bias and favors continuation toward 4180–4100.
If 4264 holds, expect potential retest of 4340–4360 range highs.
ill update throught the week
Buy Entry – 4264
Context: Price recently retraced toward key Fibonacci support near 0.5–0.618 levels (around 4180–4240 region).
Rationale: 4264 aligns with prior breakout zone and 20 EMA dynamic support. Volume concentration just below adds confluence for a potential rebound.
Targets:
Short-term: 4300 (psychological and structural resistance).
Extension: 4340–4360 (previous swing highs).
Stop-loss: Below 4230 support or under 4180 structure (protect against deeper retrace).
Sell Entry – 4236
Context: Positioned near lower range boundary after bullish exhaustion from 4380 top.
Rationale: Acts as a breakdown confirmation if price closes below 4240, breaking the 20 EMA and invalidating near-term bullish structure.
Targets:
Initial: 4180 (0.5 retracement pivot).
Extended: 4120–4100 (previous accumulation zone).
Stop-loss: Above 4270–4280 resistance area (invalidate short bias).
Summary
Bias: Bullish while price holds above 4230–4240.
A daily close below 4230 invalidates buy bias and favors continuation toward 4180–4100.
If 4264 holds, expect potential retest of 4340–4360 range highs.
ill update throught the week
Trade attivo
630 pips on the buy Trade chiuso: obiettivo raggiunto
1117 pips from the buy closing out back sunday with another Gold chart
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.