Buy XAUUSD (Gold) Bullish Flag

26 sept.

The XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Flag pattern. This suggests a shift in momentum towards the Upside in the coming Hours.

Key Points:

Buy Entry: Consider entering a Long position around the current price of 2660, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 2681
2nd Support – 2696

Stop-Loss: To manage risk, place a stop-loss order below 2648. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

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Best Regards, KABHI FOREX TRADING
Thank you.

26 sept.

Transaction en cours

Take Entry now

26 sept.

Note

26 sept.

Trade fermée: cible de profit atteinte

27 sept.

Note

Now price consolidation above resistance zone.