Gold/AUDGold/AUDGold/AUD

Gold/AUD

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XAUAUD gold sell
entry 4321.00
tp1 4313.90
tp2 4303.50
sl 4326.80



XAUAUD xauaudsell now ✅

entry point (5305.00) (5295.00)

TAKE PROFIT 1: (5260.00)

TAKE PROFIT 2: (5215.00)

LAST TARGET (5170.00)

STOP LOSS (5340.00)


XAUAUD There's no good news coming re China - US. That's hopium. Buy!




XAUAUD
Recommendations:
Hold: For conservative traders, holding current positions might be prudent given the mixed signals and neutral sentiment. The price is currently between the 50-day and 200-day SMAs, indicating a period of consolidation.
Buy:
Consider buying if the price drops to strong support levels around 3,446.70 AUD or 3,400.00 AUD.
Set a stop loss below 3,380.00 AUD.
Target resistance levels at 3,655.50 AUD and 3,786.00 AUD for profit-taking.
Sell:
Short-term traders might consider selling if the price approaches the resistance level of 3,655.50 AUD.
Place a stop loss above 3,700.00 AUD.
Target the forecasted level of 3,368.13 AUD for profit-taking.
Watch for breakouts: If the price breaks above 3,655.50 AUD with strong volume, it could indicate a continuation of the long-term bullish trend, potentially targeting the 3,786.00 AUD level.
Snapshot