This chart highlights my current Buy Zone and Sell Zone for XAUUSD based on key support and resistance levels.
Buy Zone
Area: 4040–4042
Looking for bullish confirmation before entering.
A strong rejection or bullish candle from this zone can provide a buying opportunity.
Sell Zone
Area: 4158–4162
Looking for bearish confirmation before entering.
A rejection from this resistance zone may provide a selling opportunity.
These are zones, not exact entry prices. I always wait for price action confirmation before taking a trade.
Trade Plan:
Buy only after bullish confirmation inside the Buy Zone.
Sell only after bearish confirmation inside the Sell Zone.
Avoid chasing price between the two zones.
Always use proper risk management and stop loss.
Buy Zone
Area: 4040–4042
Looking for bullish confirmation before entering.
A strong rejection or bullish candle from this zone can provide a buying opportunity.
Sell Zone
Area: 4158–4162
Looking for bearish confirmation before entering.
A rejection from this resistance zone may provide a selling opportunity.
These are zones, not exact entry prices. I always wait for price action confirmation before taking a trade.
Trade Plan:
Buy only after bullish confirmation inside the Buy Zone.
Sell only after bearish confirmation inside the Sell Zone.
Avoid chasing price between the two zones.
Always use proper risk management and stop loss.
FX Hunter Akshay
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.
FX Hunter Akshay
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.
