🟢 LONG $XAU
💥Just a quick take on the $XAU situation. The market just went through a serious drop from the previous highs and is now getting close to a potential support zone. Looking at the current charts, the price is around 4152. I expect a slight pullback to the lower support area for some accumulation before the technical recovery kicks in.
💥Short-term trend forecast: A dip to test the support to form a short-term bottom, then a bounce back towards the resistance levels above.
👉Entry: 4121.0-4142.0
SL: 4077.0
TP1: 4196.0
TP2: 4212.0
TP3: 4244.0
TP4: 4260.0
💥Remember to manage your risk and set your Stop Loss properly for every trade. #XAU #trading
💥Just a quick take on the $XAU situation. The market just went through a serious drop from the previous highs and is now getting close to a potential support zone. Looking at the current charts, the price is around 4152. I expect a slight pullback to the lower support area for some accumulation before the technical recovery kicks in.
💥Short-term trend forecast: A dip to test the support to form a short-term bottom, then a bounce back towards the resistance levels above.
👉Entry: 4121.0-4142.0
SL: 4077.0
TP1: 4196.0
TP2: 4212.0
TP3: 4244.0
TP4: 4260.0
💥Remember to manage your risk and set your Stop Loss properly for every trade. #XAU #trading
