📉 Gold Market Analysis & Trade Setup 📉
🔹 Current Market Overview:
The gold market is currently range-bound between 2881 - 2885. While there is a possibility of a resistance breakout to fill the gap, a supply zone above the Fair Value Gap (FVG) could lead to a bearish move.
🔹 Expected Movement:
Once the price reaches the supply zone, we anticipate a decline towards the support level. At this point:
✅ 70% of trades will be closed.
✅ 30% will be held, targeting further downside liquidity at 2865.
🔹 Trade Setup:
📍 Entry Points: 2895 & 2899
🎯 Take Profit: 2881 & 2865
🛑 Stop Loss: 2818
⚠️ Risk Management: Always use proper risk management and adjust positions based on market conditions.
📊 Stay disciplined & trade wisely! 🚀