Gold (XAU/USD) Anticipating a reversal
Im anticipating a reversal from the support zone. The analysis suggests a potential bullish reversal from the current support zone.
Consider entering a long position near the current support level.
Consider setting take-profit levels at the mid and upper resistance zones.
stop-loss below the lower support level to manage risk if the price continues to move downwards.
Consider entering a long position near the current support level.
Consider setting take-profit levels at the mid and upper resistance zones.
stop-loss below the lower support level to manage risk if the price continues to move downwards.
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iSmashProfit
Related publications
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.