Gold Spot / U.S. DollarUpdated CPI NEWS TARGET (GOLD BIG MOVE ALERT)
🚨 Alert Traders 🚨
The gold market is currently stuck in a no-trade zone. 🛑
We’ve identified our support and resistance zone between 2889 and 2879. 📊 Let’s wait for a candle to either break and close above or below this range.
🔻 If the price breaks below our support level, we’ll aim for previous support levels as our targets:
🎯 TP1 = 2860
🔺 If the price breaks above our resistance zone, which is also a new All-Time High (ATH), we can use the trendline to identify the new ATH:
🎯 TP1 = 2905
✨ Best of luck! 💰💪
The gold market is currently stuck in a no-trade zone. 🛑
We’ve identified our support and resistance zone between 2889 and 2879. 📊 Let’s wait for a candle to either break and close above or below this range.
🔻 If the price breaks below our support level, we’ll aim for previous support levels as our targets:
🎯 TP1 = 2860
🔺 If the price breaks above our resistance zone, which is also a new All-Time High (ATH), we can use the trendline to identify the new ATH:
🎯 TP1 = 2905
✨ Best of luck! 💰💪
Trade active
Break and close below support zone
Trade active with 90 pips in sell
Trade closed manually
We close our trade at 2664
with huge profit of 150 pips
Enjoy profits :)
and follow for more sniper entries like this
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.
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.