XAU/USD Long
📊 XAU/USD Trade Idea 💡
Price has made a significant downward move within the current trend channel, reaching an important liquidity zone below. This zone could act as a support, with a high probability of a price reversal from this area.
My observation:
1.If the price bounces from this red zone, we can expect a strong impulsive upward move, potentially reaching the previous resistance level.
2.I'm looking for an entry point for a potential bullish move after receiving a confirmation signal of a reversal.
Risk management and having a solid trading plan are crucial! Make sure to conduct your own analysis and trade cautiously in the market.
Price has made a significant downward move within the current trend channel, reaching an important liquidity zone below. This zone could act as a support, with a high probability of a price reversal from this area.
My observation:
1.If the price bounces from this red zone, we can expect a strong impulsive upward move, potentially reaching the previous resistance level.
2.I'm looking for an entry point for a potential bullish move after receiving a confirmation signal of a reversal.
Risk management and having a solid trading plan are crucial! Make sure to conduct your own analysis and trade cautiously in the market.
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.