Buy opportunity
Trade Setup for XAU/USD (Gold CFDs)
Key Details:
Chart Timeframe: 4-hour
Current Price (Entry): 2,658.04 USD
Indicators Used: EMA (252) and EMA (756)
Trade Parameters:
Position Type: Long (Buy)
Entry: 2,658.04 USD
Stop Loss (SL):
Placed below the most recent support level at 2,633.35 USD to allow for minor pullbacks without compromising the setup.
Stop Loss: 2,630.00 USD
Risk per trade: 28.04 USD per ounce
Take Profit (TP):
Placed near the resistance level of 2,720.657 USD (visible target on your chart) to secure profits at a logical exit point.
Take Profit: 2,720.00 USD
Reward per trade: 61.96 USD per ounce
Risk/Reward Ratio:
R:R = 1:2.21 (Reward is more than twice the risk, meeting professional standards for a high-probability trade)
Key Details:
Chart Timeframe: 4-hour
Current Price (Entry): 2,658.04 USD
Indicators Used: EMA (252) and EMA (756)
Trade Parameters:
Position Type: Long (Buy)
Entry: 2,658.04 USD
Stop Loss (SL):
Placed below the most recent support level at 2,633.35 USD to allow for minor pullbacks without compromising the setup.
Stop Loss: 2,630.00 USD
Risk per trade: 28.04 USD per ounce
Take Profit (TP):
Placed near the resistance level of 2,720.657 USD (visible target on your chart) to secure profits at a logical exit point.
Take Profit: 2,720.00 USD
Reward per trade: 61.96 USD per ounce
Risk/Reward Ratio:
R:R = 1:2.21 (Reward is more than twice the risk, meeting professional standards for a high-probability trade)
GODO Capital Markets
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
GODO Capital Markets
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.