FX.co ★ king.zelda | XAU/USD, GOLD
XAU/USD, GOLD
Hello traders. I want to discuss a selling opportunity on XAUUSD with a one-hour timeframe, which should be enough for one trade per day. The entry point for the trade will be at 4783.48. We will place our stops as follows: Stop Loss at 4813.87, Take Profit for the first half at 4753.10, Take Profit for the second half of the remaining position at 4722.72, and Take Profit for the third remaining part at 4692.34. If the signal changes, it's better to close the trade with a profit instead of waiting for the stop loss.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade