XAUUSD DAILY FORECAST SELL OR BUY GOLD SELL NOW ENTRY POINT 2919

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Trading Plan with Detailed Analysis

1. Selling Zone: The primary selling zone is identified between 2947-2955, where strong resistance is expected. Traders should consider booking profits or looking for reversal signals in this range.


2. IDM Level: This is a key indicator level that helps determine the trend direction. If price action remains below this level, a bearish outlook is favored.


3. Breakout Sell & Scalping Zone: A breakout below 2919 is a risky sell entry point, indicating a potential downside move. Scalping opportunities exist in this zone for short-term traders.


4. Entry Point for Selling: The suggested sell entry is at 2919, where price rejection and selling pressure may push the market lower.


5. Stop Loss for Selling: To manage risk, the stop loss for sell positions is set at 2930, ensuring controlled losses in case of an upward price reversal.


6. Take Profit for Sell: The take profit target for short trades is at 2880, aligning with key support and expected buying interest at this level.


7. Demand Zone & Shoulder Support: The demand zone lies between 2868-2866, which acts as a strong support area where buyers may step in to push prices higher.


8. Next Buy Opportunity: The ideal buy entry is at 2880, where market structure suggests a reversal toward the upside.


9. Take Profit for Buy Trades: Long positions taken at 2880 should aim for a take profit target of 2900, where resistance may emerge.


10. Long Target for Buy Trades: For traders looking for extended bullish targets, the long-term price objective is back to the 2947-2955 resistance zone.


11. Stop Loss for Long Positions: To limit downside risk, the stop loss for buy trades is placed at 2965, ensuring risk management in case of unexpected price movements.


12. Market Sentiment: Current price action suggests a mixed market, with selling pressure dominating at higher levels and buying interest emerging at lower levels.


13. Breakout Confirmation: If the price breaks 2919 and sustains below it, bearish momentum could accelerate toward 2880 and possibly lower.


14. Rejection at Support Levels: If the price finds strong support at 2880 or 2868-2866, a bullish reversal can be expected, leading to a move back toward 2900 and beyond.


15. Trend Monitoring: Traders should monitor volume and momentum indicators to confirm breakouts or reversals before entering trades.


16. Risk Management: Position sizing and risk-reward ratios should be adjusted based on market conditions and volatility.


17. Economic Events: Keep an eye on macroeconomic news, as major announcements could impact market movements and affect trade execution.


18. Trading Strategy Adaptation: If price action deviates from the expected setup, traders should be flexible in adjusting their entries and exits.


19. Psychological Levels: Round numbers like 2900 and 2950 often act as psychological barriers where traders react strongly.


20. Final Thought: The key is to remain disciplined, follow the plan, and adjust based on price action to maximize profitability while minimizing risks.



Would you like any modifications or additional insights on specific levels?

21 godzin temu

Zlecenie aktywne

Nice trade! That’s a solid 120+ pips profit—well done. Are you holding for further downside, or planning to secure profits soon?

19 godzin temu

Transakcja zamknięta: osiągnięto wyznaczony cel

Nice trade! That’s a solid 250+ pips profit—well done. Are you holding for further downside, or planning to secure profits soon?