Our long entry plan for Monday hit the take-profit target successfully. After the upward rally was capped, we opened short orders which are now in profitable territory. Moving forward, continue monitoring the support zone of 4440-4420; the market is likely to extend its downtrend. Stay patient today and look to initiate fresh long positions once gold slips below 4400.
Daily XAUUSD Trading Plan:
🎯 XAUUSD Buy @ 4380-4400
🎯 TP: 4460-4480
Analysis is for reference only. Please implement strict risk management. I will revise trading strategies promptly if market conditions shift.
Daily XAUUSD Trading Plan:
🎯 XAUUSD Buy @ 4380-4400
🎯 TP: 4460-4480
Analysis is for reference only. Please implement strict risk management. I will revise trading strategies promptly if market conditions shift.
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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.