M _15 SCENARIO
Selling gold (XAU/USD) between the levels of $2,642 and $2,639 suggests targeting a bearish move likely anticipated from strong resistance or overbought conditions. Key strategies for this position involve monitoring confirmations such as bearish candlestick patterns or weakening momentum indicators. Stop-loss placement above $2,650 and take-profit targets around $2,620 or lower could align with risk management. This strategy assumes a continuation of downward pressure from macroeconomic factors like a strong dollar or higher Treasury yields.
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✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.