XAUUSD 30M CHART PATTERN

5 hari lalu

This chart shows a technical analysis setup for trading Gold (CFDs on Gold, US$/OZ) on a 30-minute timeframe. Here's a breakdown of what it's suggesting:

Current Price: Around 3,386.090

Pattern: Inverse Head and Shoulders (suggesting a bullish reversal)

Trade Setup:

Entry: Around current levels (near neckline breakout)

Take Profit (TP): Around 3,471.020

Stop Loss (SL): Around 3,364.301



Interpretation:

The trader expects the price to rise after breaking above the neckline of the inverse head and shoulders pattern, targeting the previous high. The risk is defined by the SL zone just below the recent low.

Would you like help calculating the risk-to-reward ratio or a deeper analysis of the pattern?

5 hari lalu

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