๐ Gold Analysis: Bullish Setup
๐ข Current Price: 2,607
๐ฏ Take Profit 1: 2,635
๐ฏ Take Profit 2: 2,680
๐ฏ Take Profit 3: 2,790
๐ฏ Take Profit 4: 2,900
๐น Stop Loss: 2,524
๐ Why This Trade?:
Gold continues to trade within a bullish channel, having broken above 2,144 back in March. With higher highs and higher lows consistently forming, the trend remains strong.
The stop loss is positioned below both the 50MA and recent lows at 2,524, allowing for market fluctuations while keeping risk under control.
โ ๏ธ Risk Management Reminder:
Although the bullish trend remains intact, trends can change quickly. Always apply proper risk management and ensure youโre not over-leveraging. A drop below 2,524 would signal a potential shift in the market, invalidating this setup.
Stay tuned for updates! ๐
๐ข Current Price: 2,607
๐ฏ Take Profit 1: 2,635
๐ฏ Take Profit 2: 2,680
๐ฏ Take Profit 3: 2,790
๐ฏ Take Profit 4: 2,900
๐น Stop Loss: 2,524
๐ Why This Trade?:
Gold continues to trade within a bullish channel, having broken above 2,144 back in March. With higher highs and higher lows consistently forming, the trend remains strong.
The stop loss is positioned below both the 50MA and recent lows at 2,524, allowing for market fluctuations while keeping risk under control.
โ ๏ธ Risk Management Reminder:
Although the bullish trend remains intact, trends can change quickly. Always apply proper risk management and ensure youโre not over-leveraging. A drop below 2,524 would signal a potential shift in the market, invalidating this setup.
Stay tuned for updates! ๐
Dagangan aktif
Take Profit 1 has been reached! Nota
Take Profit 2 has been reached! Dagangan ditutup: sasaran tercapai
Take Profit 3 reached! 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.