Hello traders!
Apex m30 Analysis, Current Price $2604
Our last ideas target hit and generated approx 450+ pips now today we are going make same amount of money
Sell Opportunity:
Key levels to watch:
- Resistance: 2563-2565 (potential retest and sell)
- Breakout target: 2572-2575 (next resistance level)
Buy Opportunity:
Buying is somewhat risky at this point, but we can consider purchasing up to 2663. If this level is breached, the next target will be 2672
Market Structure:
Overall bearish trend, indicating potential downwards movement.
The primary reason for selling is the strengthening US Dollar, which will likely weaken gold prices, providing a favorable opportunity to sell.
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