Sell Gold (Xau/Usd) wedge Breakout

8월 12일

The XAU/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours.

Key Points:

Sell Entry: Consider entering a short position around the current price of 2427, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 2403
2nd Support – 2388

Stop-Loss: To manage risk, place a stop-loss order above 2440. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.

Best Regards, KABHI FOREX TRADING
Thank you.

8월 12일

액티브 트레이드

Take Entry now

8월 12일

노트

all our past week Traders are closed,

Now Gold - Wedge pattern only Running

8월 12일

거래청산: 스탑 닿음

Today Xau/Usd sl hit❌❌
Wedge pattern failed