HELLO TRADERS, KINDLY SHARE YOUR OPINION ABOUT MY ANALYSIS 👇👇
XAUUSD, 30-minute timeframe chart
XAUUSD tested the Resistance level of 2760
👉General outlook
XAUUSD has been trading in a sideways market for the last couple of hours. The pair moved down to the resistance level of 2760.
👉Possible scenario
The best way to use this opportunity is to place a sell order at 2758
Set your stop loss at 2766 below the previous low ($8.00 loss for 0.01 lot) and take profit at 2735 ($23.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
ASK ANY QUESTION AND SHARE YOUR OPINION 👇👇