XAUUSD GOLD TRADE IDEA READ THE CAPTION FOR DETAILS

6 天前

This chart represents a short-term technical analysis of Gold Spot (XAU) against the U.S. Dollar (USD) on the 1-hour timeframe from OANDA. Here's the breakdown:

1. Current Price: The price is trading at 2,773.995 USD, showing an increase of +0.69%, indicating upward momentum.

2. Buy Limit Level: The suggested buy limit is set at 2,665 USD, indicating a key support level where buyers may enter if the price retraces.

3. Target Level: The price target is set at 2,800 USD, showing a bullish expectation for the price to rise toward this resistance level.

4. Stop-Loss Level: The stop-loss is placed at 2,754 USD, serving as a risk management point to limit potential losses if the price moves downward.

5. Market Context: The green candles reflect positive buying pressure, with the analysis suggesting a bullish continuation to the target if the price respects the support at the buy limit.

Strategy

The trade plan appears to involve entering at 2,665 USD with a stop-loss at 2,754 USD to manage downside risk, aiming for a potential profit target at 2,800 USD.

6 天前

交易進行

6 天前

註釋

Running 20 pips

6 天前

註釋

Keep hold

6 天前

註釋

2800 next target

6 天前