XAUUSD (Gold/USD) Trading Plan – 30-Minute Timeframe
Sell Scenario (Break of Support Level)
Entry: Sell only if price breaks below 2882 (confirmed with a strong candle close).
Target: Next trend reversal point at 2868.
Stop Loss: Above the broken support at 2885-2890 (adjust based on volatility).
Buy Scenario (Bullish Trend – Triple Top Target)
Entry: If the bullish trend continues, aim for triple top pattern target at 2938.
Confirmation: Look for strong bullish momentum and price holding above key moving averages.
Stop Loss: Below recent swing low or key support zone (adjust based on price action).
Entry: Sell only if price breaks below 2882 (confirmed with a strong candle close).
Target: Next trend reversal point at 2868.
Stop Loss: Above the broken support at 2885-2890 (adjust based on volatility).
Buy Scenario (Bullish Trend – Triple Top Target)
Entry: If the bullish trend continues, aim for triple top pattern target at 2938.
Confirmation: Look for strong bullish momentum and price holding above key moving averages.
Stop Loss: Below recent swing low or key support zone (adjust based on price action).
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.