GOLD SETUP

Actualizado
Gold remains bullish due to strong fundamentals, which continue to support the market. However, buyers have struggled to push prices higher, leading to a battle between buyers and sellers. Recently, buyers have shown signs of exhaustion at the current price level, with candlestick patterns indicating that sellers are gaining strength.

TP and SL are marked
Risk no more than 1%
Risk management is a must

Follow for more swing setups
Operación activa
50+ pips in profit
Operación activa
85+ pips in profit
Nota
110 pips in profit
Move SL to breakeven
Operación activa
170 pips in profit
Move SL to 2520
Operación activa
200 pips done
Operación activa
230+ in profit

Break below 2500 would give us 2475
Operación activa
300+ pips in profit.
Move SL to 2510
Operación activa
Sell Again 2523
Operación activa
130+ pips in profit again
Operación activa
190+ pips in profit

Hopefully, Gold breaks the support this time
Operación activa
Another Sell Position Entered 2527.50
TP 2380
Same SL
Operación activa
45+ pips in profit
Operación activa
60+ pips in profit
Operación activa
120+ pips done
Operación activa
220+ pips in profit
Operación activa
300 pips Done
SL to 2515
Operación activa
420+ pips in holding
2471 to 2474 is first support from here
Operación activa
500+ pips in profit

Break below 2470 will give us 2435
Operación activa
Another attempt to break the 2470 support level is coming

The dollar is strengthening so most likely 2470 support level will break. I feel 2435 may not hold the pressure therefore support will fall on the 2380 shoulder
Chart PatternsTrend Analysis

Exención de responsabilidad