Buy XAUUSD Channel Breakout
Güncellendi
The XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2326, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2351
2nd Support – 2365
Stop-Loss: To manage risk, place a stop-loss order below 2316.50 This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2326, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2351
2nd Support – 2365
Stop-Loss: To manage risk, place a stop-loss order below 2316.50 This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
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