GOlD - Next target is 2450
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#XAU/USDT #Analysis
Description
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+ Gold has recently broken out from the channel, and the price appears to be heading towards the next resistance level.
+ Although I expect a minor retracement from this breakout, we can enter the trade at the current price.
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VectorAlgo Trade Details
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Entry Price: 2352.096
Stop Loss: 2312.611
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Target 1: 2368.353
Target 2: 2390.667
Target 3: 2408.790
Target 4: 2445.448
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Timeframe:1H
Capital Risk: 1-2% of trading amount
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ Gold has recently broken out from the channel, and the price appears to be heading towards the next resistance level.
+ Although I expect a minor retracement from this breakout, we can enter the trade at the current price.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 2352.096
Stop Loss: 2312.611
------------------------------
Target 1: 2368.353
Target 2: 2390.667
Target 3: 2408.790
Target 4: 2445.448
------------------------------
Timeframe:1H
Capital Risk: 1-2% of trading amount
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Nota
Target 1 reached. Enjoy the profits
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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