Key Points (Revised):
* Asset: Gold Spot / U.S. Dollar (XAUUSD)
* Timeframe: 1-hour chart
* Recent Price Action: A sharp upward move has occurred, reaching the red highlighted zone (potential resistance).
* Potential Reversal Zone: The red rectangular area between approximately 3009.643 and 3015.015 now appears to be acting as a resistance zone.
* Target Zone: The green rectangular area between approximately 2953.785 and 2944.180 is now the potential target for a downward move.
* Proposed Pattern: The price action suggests a potential rejection at the resistance zone, leading to a downward move.
Trading Idea (Revised):
The updated chart suggests a potential short (sell) trade opportunity. The idea is to enter a short position within or near the red highlighted zone (potential resistance), anticipating a downward move towards the green highlighted zone (potential support/target). This is based on the price reaching a potential resistance level and showing signs of rejection.
* Asset: Gold Spot / U.S. Dollar (XAUUSD)
* Timeframe: 1-hour chart
* Recent Price Action: A sharp upward move has occurred, reaching the red highlighted zone (potential resistance).
* Potential Reversal Zone: The red rectangular area between approximately 3009.643 and 3015.015 now appears to be acting as a resistance zone.
* Target Zone: The green rectangular area between approximately 2953.785 and 2944.180 is now the potential target for a downward move.
* Proposed Pattern: The price action suggests a potential rejection at the resistance zone, leading to a downward move.
Trading Idea (Revised):
The updated chart suggests a potential short (sell) trade opportunity. The idea is to enter a short position within or near the red highlighted zone (potential resistance), anticipating a downward move towards the green highlighted zone (potential support/target). This is based on the price reaching a potential resistance level and showing signs of rejection.
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.