Stop!Loss|Market View: GOLD
π Stop!Loss team welcomes you❗️
In this post, we're going to talk about the near-term outlook for GOLD ☝️
Potential trade setup:
πEntry level: 4300.195
π°TP: 4217.466
⛔️SL: 4364.676
"Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
πIn the commentsπ you can type the trading instrument you'd like to analyze, and we'll talk about it in our next posts.
π¬ Description: Following yesterday's false breakout of local resistance, gold is considered a selling opportunity, although an alternative scenario remains for growth toward 4400-4500. A sell should be initiated by waiting for a breakout of the support trendline, which pushes the price toward resistance at 4350. The preliminary target is currently around 4200. If the alternative scenario is realized, selling near 4400-4500 is likely to be considered, but it's best to do so after reaching this area and consider potential entries based on the market situation that develops.
Thanks for your support π
Profits for all ✅
source https://www.tradingview.com/chart/XAUUSD/3GyKLEuV-Stop-Loss-Market-View-GOLD/
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