Overview:
Gold's continued position below MA200 H1 suggests a short-term downtrend, creating a potential selling opportunity.
Setup:
Look for confirmation signals in Overbought (OB) and Failure to Violate Gravity (FVG) zones for entry. Apply a stick stop-loss above 22047/OZ initially, adjusting it to above $2032 if OB zone confirmation suggests non-liquidity.
Additional Sell Area:
Consider a sell position in the range of 2023-2032, integrating this zone as an additional opportunity to capitalize on the downtrend.
Risk Management:
Implement strategic risk management with a stick stop-loss to control potential losses. Adjustments based on OB zone confirmation contribute to a well-managed trade.
Conclusion:
Explore a sell position in Gold, focusing on confirmation in OB and FVG zones, along with the identified sell area of 2023-2032. Effective risk management ensures a balanced approach to trading.
Gold's continued position below MA200 H1 suggests a short-term downtrend, creating a potential selling opportunity.
Setup:
Look for confirmation signals in Overbought (OB) and Failure to Violate Gravity (FVG) zones for entry. Apply a stick stop-loss above 22047/OZ initially, adjusting it to above $2032 if OB zone confirmation suggests non-liquidity.
Additional Sell Area:
Consider a sell position in the range of 2023-2032, integrating this zone as an additional opportunity to capitalize on the downtrend.
Risk Management:
Implement strategic risk management with a stick stop-loss to control potential losses. Adjustments based on OB zone confirmation contribute to a well-managed trade.
Conclusion:
Explore a sell position in Gold, focusing on confirmation in OB and FVG zones, along with the identified sell area of 2023-2032. Effective risk management ensures a balanced approach to trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.