Good morning traders.
At around 4 AM, I prepared this setup on Gold using the 1-hour timeframe.
Price has been trending to the downside, and after this strong bearish impulse, the market is currently consolidating near a short-term support zone.
My expectation is a possible continuation to the up…
Good morning traders.
At around 4 AM, I prepared this setup on Gold using the 1-hour timeframe.
Price has been trending to the downside, and after this strong bearish impulse, the market is currently consolidating near a short-term support zone.
My expectation is a possible continuation to the upside if buyers step in from this area.
I have mapped out three potential targets above: TP1, TP2, and TP3, with the stop loss placed below the recent low to manage risk.
This is not financial advice