Gold (XAU/USD) remains in a bearish market structure on the M15 timeframe.
Price has now tapped into the supply zone (3352 – 3356) and is showing signs of rejection.
🔎 Trade Idea:
Bias: Bearish
Sell Zone: 3352 – 3356
Stop Loss: Above 3360
Take Profit 1: 3340 – 3332
Take Profit 2: 3300
📌 Notes:
Structure still favors sellers (lower highs and lower lows).
Watch for candlestick confirmation before entry.
Risk management is key – trade safe!
Price has now tapped into the supply zone (3352 – 3356) and is showing signs of rejection.
🔎 Trade Idea:
Bias: Bearish
Sell Zone: 3352 – 3356
Stop Loss: Above 3360
Take Profit 1: 3340 – 3332
Take Profit 2: 3300
📌 Notes:
Structure still favors sellers (lower highs and lower lows).
Watch for candlestick confirmation before entry.
Risk management is key – trade safe!
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.