Gold failed to break above the Developing POC resistance and is now pulling back toward the demand zones marked on the chart.
At 3331.8, we entered a short position after the day's low was swept on the 3-minute timeframe, combined with our entry confirmations — resulting in a clean 1:3 R:R ✅
Now we’re waiting for price to reach the demand zones. If we get confirmation on lower timeframes, we’ll be looking to enter a long position.
🔔 The deeper price pulls into the lower demand zones, the better the long setups become, allowing us to consider increasing our risk from 1% to 3%, given a solid setup and momentum.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
At 3331.8, we entered a short position after the day's low was swept on the 3-minute timeframe, combined with our entry confirmations — resulting in a clean 1:3 R:R ✅
Now we’re waiting for price to reach the demand zones. If we get confirmation on lower timeframes, we’ll be looking to enter a long position.
🔔 The deeper price pulls into the lower demand zones, the better the long setups become, allowing us to consider increasing our risk from 1% to 3%, given a solid setup and momentum.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
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Penerbitan berkaitan
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.