Gold CFD forum
GOLD israel lebnon ceasefire news makes gold down... now sell on every up....GOLD buy gold @2621 SL 2615 target 2688GOLD buy gold with SL of 2614.99 target 2643 2675 2684.9
XAUUSD first support comes at 2618-20 zone And gold solid support comes around 2602-2605 zone
XAUUSD ceasefire between Israel and Lebanon Pressure on gold
XAUUSD don't try to buy next 4 hoursXAUUSD last friday i told keep hold top position xauusd fall ..wild fire this week
XAUUSD Gold Daily Analysis based on Main Key LevelsDaily Current Market Price (DCMP): 2682
Summary of Key Levels and Analysis:
Resistance:
Resistance3: 2815
Resistance2: 2758
Resistance1: 2723
Pivot: 2666
Support :
Support1: 2609
Support2: 2670
Support3: 2517
Intraday Trade Setups for Gold:
Buy Intraday Trade Setup
Trade Setup: Support Bounce Trade
Trade Entry: 2670 (Aligns with Support2 for a potential bounce)
Stop Loss: 2655 (Limited risk below Support2)
Take Profit 1: 2685 (Minor Resistance & 50% Fibonacci Retracement Level)
Take Profit 2: 2702 (Approaching Pivot for maximum gain)
Reason for Entry: Buying at identified Support2, anticipating a bounce back towards the pivot.
Sell Intraday Trade Setup
Trade Setup: Resistance Sell-Off
Trade Entry: 2700 (At Pivot, expecting resistance to hold)
Stop Loss: 2714 (Above Resistance1 to manage risk)
Take Profit 1: 2682 (DCMP, expecting pullback to current market price)
Take Profit 2: 2662 (Approaching Support2 for a more substantial gain)
Reason for Entry: Selling at the pivot, leveraging its expected resistance to initiate a sell-off.
XAUUSD Morning buy
Target - 2687 🎯🎯🎯 hit
Next target- 2697
XAUUSD go short 2685 Stop loss 2695 TP 2675 2655