$XAU ๐
Gold ๐๐๐ป
The closest robust entry plan for the current price focuses on two opposing scenarios. The choice between them depends on price behavior. Since price is approaching "overbought" levels, itโs recommended to avoid buying at high peaks until the signal becomes clear.
1. Bullish scenario (bounce off support)
ยท Entry point: $4,617 โ $4,560 (to get a better price).
ยท Stop loss: $4,556 (a clear break below this level invalidates the bullish outlook).
ยท Targets: $4,682, with the further target at $4,705.
2. Bearish scenario (accumulating liquidity above the highs)
ยท Entry point: $4,705 โ $4,718 (a suitable area to wait for a clear "reversal candle" after price fails to break the high).
ยท Stop loss: $4,725 (just above the high).
ยท Targets: $4,656 โ $4,560.
Donโt forget to do your own research๐
$USDC
$BTC
Gold ๐๐๐ป
The closest robust entry plan for the current price focuses on two opposing scenarios. The choice between them depends on price behavior. Since price is approaching "overbought" levels, itโs recommended to avoid buying at high peaks until the signal becomes clear.
1. Bullish scenario (bounce off support)
ยท Entry point: $4,617 โ $4,560 (to get a better price).
ยท Stop loss: $4,556 (a clear break below this level invalidates the bullish outlook).
ยท Targets: $4,682, with the further target at $4,705.
2. Bearish scenario (accumulating liquidity above the highs)
ยท Entry point: $4,705 โ $4,718 (a suitable area to wait for a clear "reversal candle" after price fails to break the high).
ยท Stop loss: $4,725 (just above the high).
ยท Targets: $4,656 โ $4,560.
Donโt forget to do your own research๐
$USDC
$BTC