11/07/2024 - XAUUSD - Short on Confluence

已更新
11/07/2024 - XAUUSD - Bearish Butterfly Pattern


As of July 11th, 2024, XAU/USD (Gold) shows a confluence of a trendline and the Potential Reversal Zone (PRZ), along with divergence on higher time frames, indicating a potential downward movement. Here’s the trade plan:

Trade Details:

Entry: 2418
Stop Loss: 2434
Take Profit 1: 2402
Take Profit 2: 2384

Reason for Trade:

The confluence of the trendline and PRZ, along with divergence on higher time frames, suggests a potential downward movement. These factors support entering a short trade to capitalize on the anticipated decline.

Traders should monitor the price action closely and adjust their positions accordingly to optimize potential profits and manage risks effectively.
交易开始
交易结束:到达目标
TP 1 Hit.
BE for TP 2 And Trend Riding.
交易结束:到达目标
Tp 2 closed on BE
Chart PatternsGoldgoldpredictionHarmonic PatternsTrend AnalysisXAUUSDxauusdshort

相关出版物

免责声明