A strong Support & Resistance (SNR) level has been identified as a potential reversal zone for GOLD. The formation of a bullish candle at the support level signals a possible upward movement in the market on the 1-hour time frame.
📌 Trade Recommendations:
Risk management: Do not risk more than 1% per trade.
Stop Loss (SL) should be placed strategically based on market structure and volatility.
Trade cautiously and wait for confirmation before entering! 🚀
Regards
Sherry
📌 Trade Recommendations:
Risk management: Do not risk more than 1% per trade.
Stop Loss (SL) should be placed strategically based on market structure and volatility.
Trade cautiously and wait for confirmation before entering! 🚀
Regards
Sherry
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