Gold Trading Levels and Analysis
Gold has been consolidating for the past week, indicating a potential breakout is imminent.
Here are the key levels and details:
Buy Setup
Entry: Buy above 2,643 if the price breaks and closes above this level, signaling an upward breakout.
Targets:
2,700-2,710
Stop Loss: Below the low of the breakout candle for risk management.
Sell Setup
Entry: Sell below 2,624 if the price breaks and closes below this level, signaling a downward breakout.
Targets:
2,560-2,550
Stop Loss: Above the high of the breakdown candle.
Market Context
Gold has been trading in a tight range, creating pressure for a potential breakout in either direction. This week’s market movement could determine the direction, so watch for the key levels closely.
Disclaimer
The above analysis is provided for educational purposes only and is not intended as financial or investment advice.
Trading in commodities carries risk, and past performance is not indicative of future results.
Please perform your own research or consult a certified financial advisor before making any trading decisions.
Always trade responsibly and use proper risk management techniques.
Gold has been consolidating for the past week, indicating a potential breakout is imminent.
Here are the key levels and details:
Buy Setup
Entry: Buy above 2,643 if the price breaks and closes above this level, signaling an upward breakout.
Targets:
2,700-2,710
Stop Loss: Below the low of the breakout candle for risk management.
Sell Setup
Entry: Sell below 2,624 if the price breaks and closes below this level, signaling a downward breakout.
Targets:
2,560-2,550
Stop Loss: Above the high of the breakdown candle.
Market Context
Gold has been trading in a tight range, creating pressure for a potential breakout in either direction. This week’s market movement could determine the direction, so watch for the key levels closely.
Disclaimer
The above analysis is provided for educational purposes only and is not intended as financial or investment advice.
Trading in commodities carries risk, and past performance is not indicative of future results.
Please perform your own research or consult a certified financial advisor before making any trading decisions.
Always trade responsibly and use proper risk management techniques.
Dagangan aktif
Hold position till it reached 2700Nota
Hold position till targets are achieved. Book Profit as per you risk appetite.Dagangan ditutup: sasaran tercapai
CLOSE ALL POSITIONS. CMP 2687
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.