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Or / Dollar Américain
Short

GOLD SETUP

Par PotentFX
Mis à jour
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
Transaction en cours
50+ pips in profit
Transaction en cours
85+ pips in profit
Note
110 pips in profit
Move SL to breakeven
Transaction en cours
170 pips in profit
Move SL to 2520
Transaction en cours
200 pips done
Transaction en cours
230+ in profit

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

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

Break below 2470 will give us 2435
Transaction en cours
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
PotentFX

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