Gold continues to hold the key support where we already bought earlier this week, as forecasted. This area also contains the highest trading volume. 📊
The currently marked candle is very bullish. 🟢
It shows that buyers are acting much more aggressively than sellers.
This increases the probability that Gold will retest the high from here. 📈
⚡ Long position opened
❌ Setup invalidated on a close below 4,022
🎯 Take-Profit 1: 4,113
A relevant volume block is located in this area.
We will secure 30% partial profits.
🎯 Take-Profit 2: 4,179
This area contains strong resistance.
We will secure another 40% partial profits there.
🚀 Close above 4,208 = very bullish
If Gold closes above this resistance, we will consider increasing the position.
We will keep you updated on the entire position management. 🔔
Follow me so you do not miss any updates.
Wishing you success and stay blessed !!
The currently marked candle is very bullish. 🟢
It shows that buyers are acting much more aggressively than sellers.
This increases the probability that Gold will retest the high from here. 📈
⚡ Long position opened
❌ Setup invalidated on a close below 4,022
🎯 Take-Profit 1: 4,113
A relevant volume block is located in this area.
We will secure 30% partial profits.
🎯 Take-Profit 2: 4,179
This area contains strong resistance.
We will secure another 40% partial profits there.
🚀 Close above 4,208 = very bullish
If Gold closes above this resistance, we will consider increasing the position.
We will keep you updated on the entire position management. 🔔
Follow me so you do not miss any updates.
Wishing you success and stay blessed !!
Trade active
💡💡💡💡💡💡💡⚡ Long Entry Active
🛑 Stop-Loss: 4’022
🎯 TP1: 4’113 — 30% Partial Profit
🎯 TP2: 4’179 — 40% Partial Profit
🚀 Break above 4’208 = Position Increase
Note
✅TP1 reached — congratulations! From here, a small correction is possible.Note
There has still been no close below the marked strong candle. ✅The support remains intact and continues to be an attractive buy zone.
📈 As long as this level holds, a higher high is more likely than a lower low.
Trade closed: target reached
🎯 TP2 reached!I'm letting 30% of the position continue to run.
🚀 If resistance breaks, I'll increase my position on the pullback.
Note
🚀 Breakout to the upside – around 4% profit!
The plan played out perfectly. Congratulations to everyone who took the trade. ✅
The key resistance has been broken and has now turned into support. This is a strong bullish signal. 📈
🔄 New Entry Opportunity on the Pullback
If you're not in the trade yet, watch these M15 entry levels:
🎯 Entry 1: 4,197
🛑 Stop-Loss: Daily/candle close below 4,180
This stop-loss applies only to new positions.
If you followed the original plan, you can comfortably move your stop-loss to break-even and let the trade run. 🔒
🎯 The target remains unchanged at 4,325.
We stick to the plan and continue trading level by level. 👌
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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.
Related publications
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.