The XAU/USD pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Days.
Key Points:
Sell Entry: Consider entering a short position around the current price of 2405, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2335
2nd Support – 2297
Stop-Loss: To manage risk, place a stop-loss order above 2490. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Key Points:
Sell Entry: Consider entering a short position around the current price of 2405, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2335
2nd Support – 2297
Stop-Loss: To manage risk, place a stop-loss order above 2490. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
İşlem aktif
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İşlem kapandı: hedefe ulaştı
Closed manually with good profit
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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.
👉👉 Join My Telegram Channel :
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📞📞Telegram me @t.me/kabhidhan
✳️ Free Signals & Technical Chart : telegram.me/kabhifx
📞📞Telegram me @t.me/kabhidhan
İlgili yayınlar
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.