Hey traders! 👋
I’m eyeing a potential long opportunity on Gold in the 3030–3045 zone, but only with proper confirmation.
The shiny metal has broken and closed above Monday’s high with strong momentum, signaling short-term strength. However, considering the overall short-term bearish bias, I anticipate a pullback toward the 78.6% Fibonacci retracement level.
💡 Here's the plan:
🔸 Wait for price to dip into 3030–3045
🔸 Watch for bullish rejection candles or confirmation patterns
🔸 If confirmed, go long with targets at 3088 and 3123
🎯 This could be a great opportunity to catch the next leg up while still respecting short-term corrections.
If this setup adds value to your analysis, I’d truly appreciate your boost. Thanks for the continued support and happy trading! 💛📈
I’m eyeing a potential long opportunity on Gold in the 3030–3045 zone, but only with proper confirmation.
The shiny metal has broken and closed above Monday’s high with strong momentum, signaling short-term strength. However, considering the overall short-term bearish bias, I anticipate a pullback toward the 78.6% Fibonacci retracement level.
💡 Here's the plan:
🔸 Wait for price to dip into 3030–3045
🔸 Watch for bullish rejection candles or confirmation patterns
🔸 If confirmed, go long with targets at 3088 and 3123
🎯 This could be a great opportunity to catch the next leg up while still respecting short-term corrections.
If this setup adds value to your analysis, I’d truly appreciate your boost. Thanks for the continued support and happy 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.
