If the price action for Gold remain inside the or breakdown below the 1,285.00 to 1,290.00 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1,287.50
Take Profit Zone: 1,195.00 – 1,200.00
Stop Loss Level: 1,300.00
If the price action for Gold breakout above 1,290.00 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1,295.00
Take Profit Zone: 1,330.00 – 1,340.00
Stop Loss Level: 1,285.00
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1,287.50
Take Profit Zone: 1,195.00 – 1,200.00
Stop Loss Level: 1,300.00
If the price action for Gold breakout above 1,290.00 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1,295.00
Take Profit Zone: 1,330.00 – 1,340.00
Stop Loss Level: 1,285.00
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.