Hello everyone. The bullish setup of gold is mainly based on momentum on 4H.
I listed the reasons to long on the chart for reference:
1.Uptrend line
2.MA crossover
3.Demand zone
4.Flip
The target is around 1860 which I chose to be in line with the daily chart structure. In my opinion, the selling pressure is high.
In addition, the entry zone is 8 dollars. If you want to lower the risk and increase your profit margin. You can set alarm and triggers by placing market order based on the 15m candle formation.
Give me a like if you're with me!
Stay safe and trade safe.
I listed the reasons to long on the chart for reference:
1.Uptrend line
2.MA crossover
3.Demand zone
4.Flip
The target is around 1860 which I chose to be in line with the daily chart structure. In my opinion, the selling pressure is high.
In addition, the entry zone is 8 dollars. If you want to lower the risk and increase your profit margin. You can set alarm and triggers by placing market order based on the 15m candle formation.
Give me a like if you're with me!
Stay safe and trade safe.
plan your trade and trade your plan
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.
plan your trade and trade your plan
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.