Hi guys, Anfibo's here!
XAUUSD Analysis – Start of the Week
Overall Picture:
As I predicted earlier, gold has skyrocketed past the $3,800/oz mark, delivering more than 700 pips of profit from the strategy I previously outlined. This is clear evidence of the strength of the prevailing bullish trend, as safe-haven flows continue to pour into gold amid ongoing global economic uncertainties.
Looking ahead to this week, the outlook remains in favor of the bulls. If no adverse news emerges, I believe gold is highly likely to continue its breakout and challenge the $3,880/oz level – the next key resistance zone.
Technical Outlook:
Short-term trend: Strong increase, momentum remains stable on H4 and Daily frames.
> SUPPORT KEY / BUY ZONES : 3800- 3787 - 3750 - 3723 - 3713 - 3703
> RESISTANCE KEY / SELL ZONES : 3825 - 3835 - 3865 - 3880
Here's my Trading Plan today:
>>> SELL ZONE:
ENTRY: 3834 - 3836
SL: 3840
TP: 3800 - 3790
>>> BUY ZONE:
ENTRY: 3790 - 3800
SL: 3780
TP: 3825 - 3835 - 3865
Risk Management:
- Prioritize buy trades in line with the dominant trend, limit countertrend shorts.
- Maintain a R:R ratio of at least 1:2 on all setups.
- Manage capital strictly, avoid overtrading during sideways phases before breakout.
HAVE A GREAT WEEK, GUYS!!!
Overall Picture:
As I predicted earlier, gold has skyrocketed past the $3,800/oz mark, delivering more than 700 pips of profit from the strategy I previously outlined. This is clear evidence of the strength of the prevailing bullish trend, as safe-haven flows continue to pour into gold amid ongoing global economic uncertainties.
Looking ahead to this week, the outlook remains in favor of the bulls. If no adverse news emerges, I believe gold is highly likely to continue its breakout and challenge the $3,880/oz level – the next key resistance zone.
Technical Outlook:
Short-term trend: Strong increase, momentum remains stable on H4 and Daily frames.
> SUPPORT KEY / BUY ZONES : 3800- 3787 - 3750 - 3723 - 3713 - 3703
> RESISTANCE KEY / SELL ZONES : 3825 - 3835 - 3865 - 3880
Here's my Trading Plan today:
>>> SELL ZONE:
ENTRY: 3834 - 3836
SL: 3840
TP: 3800 - 3790
>>> BUY ZONE:
ENTRY: 3790 - 3800
SL: 3780
TP: 3825 - 3835 - 3865
Risk Management:
- Prioritize buy trades in line with the dominant trend, limit countertrend shorts.
- Maintain a R:R ratio of at least 1:2 on all setups.
- Manage capital strictly, avoid overtrading during sideways phases before breakout.
HAVE A GREAT WEEK, GUYS!!!
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
