Greetings traders!
We're currently observing a compelling setup in the XAU/USD pair. The price action is oscillating within a well-defined corridor. Recently, there's been a notable rebound off the corridor's lower boundary, indicating bullish momentum.
Entry Zone:
Our optimal buy-in range is situated between 1846 and 1854.
This zone is derived from recent price behavior and supports that have demonstrated resilience.
Take Profit Targets:
TP1: 1870
The initial take profit target is set at 1870. This aligns with some minor resistances and potential profit-taking zones.
TP2: 1884
Our second target is 1884, corresponding with more robust resistances and historical price action.
TP3: 1894
The final ambitious target is at 1894, which could be reached if bullish momentum sustains and manages to break past earlier resistances.
Stop Loss: 1827
To manage risk effectively, we're placing our stop loss at 1827. This level is strategically positioned below recent lows and provides a buffer against adverse price swings.
In conclusion, the current setup on XAU/USD presents a compelling long opportunity, but as always, exercise caution and employ proper risk management. Good trading, everyone!
We're currently observing a compelling setup in the XAU/USD pair. The price action is oscillating within a well-defined corridor. Recently, there's been a notable rebound off the corridor's lower boundary, indicating bullish momentum.
Entry Zone:
Our optimal buy-in range is situated between 1846 and 1854.
This zone is derived from recent price behavior and supports that have demonstrated resilience.
Take Profit Targets:
TP1: 1870
The initial take profit target is set at 1870. This aligns with some minor resistances and potential profit-taking zones.
TP2: 1884
Our second target is 1884, corresponding with more robust resistances and historical price action.
TP3: 1894
The final ambitious target is at 1894, which could be reached if bullish momentum sustains and manages to break past earlier resistances.
Stop Loss: 1827
To manage risk effectively, we're placing our stop loss at 1827. This level is strategically positioned below recent lows and provides a buffer against adverse price swings.
In conclusion, the current setup on XAU/USD presents a compelling long opportunity, but as always, exercise caution and employ proper risk management. Good trading, everyone!
交易進行
TP 1 reached交易進行
TP 2 reached交易結束:目標達成
TP 3 reached免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。