XAUUSD GOLD Potential Bullish Pattern
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XAU/USD (Gold) for a potential bullish trade setup.
Entry Point: Between 2634 and 2630
Target: 2660
Bullish (Expecting the price to rise from the entry zone)
To confirm the potential for this trade:
Check for any bullish patterns such as support at the 2630-2634 level, a reversal pattern A confirmation from candlestick patterns (like a breakout or a hammer) could strengthen the case for an upward move toward 2660 Ensure that your stop-loss (SL) is placed effectively, usually a bit below the entry point to protect against invalidation, with a good risk-reward ratio considering your target of 2660.
PS Support with Like and Comments For more insights. Thanks
Entry Point: Between 2634 and 2630
Target: 2660
Bullish (Expecting the price to rise from the entry zone)
To confirm the potential for this trade:
Check for any bullish patterns such as support at the 2630-2634 level, a reversal pattern A confirmation from candlestick patterns (like a breakout or a hammer) could strengthen the case for an upward move toward 2660 Ensure that your stop-loss (SL) is placed effectively, usually a bit below the entry point to protect against invalidation, with a good risk-reward ratio considering your target of 2660.
PS Support with Like and Comments For more insights. Thanks
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