I am excited to share my insights on the current state of the gold market. As many of us have observed, gold pairs have recently reached an all-time high. Based on my analysis, I have identified two potential outcomes for this setup.
Firstly, if the price respects this setup, it could indicate an uptrend or a liquidity collection by a big player at the top (around 2070 levels), leading to a continuation of higher highs and a potential new all-time high.
On the other hand, if the price breaks below this setup, it could indicate a strong reversal. In this scenario, I recommend using tight stop losses, just 30 pips below the wick, to ensure a solid risk-reward ratio.
As always, it's important to stay vigilant and keep a close eye on market movements to make informed trading decisions. I look forward to hearing your thoughts on this analysis.
Firstly, if the price respects this setup, it could indicate an uptrend or a liquidity collection by a big player at the top (around 2070 levels), leading to a continuation of higher highs and a potential new all-time high.
On the other hand, if the price breaks below this setup, it could indicate a strong reversal. In this scenario, I recommend using tight stop losses, just 30 pips below the wick, to ensure a solid risk-reward ratio.
As always, it's important to stay vigilant and keep a close eye on market movements to make informed trading decisions. I look forward to hearing your thoughts on this analysis.
İşlem kapandı: durdurma seviyesi
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.