My analysis
This chart presents a professional technical analysis of Gold CFDs (1-hour timeframe) with a potential bearish outlook:
1. Stop Loss: Positioned at 2,680.417, above the current price, to limit risk.
2. Target: A bearish target at 2,631.709, indicating potential downside if the price breaks below the channel.
3. Price Action: The price is within an ascending channel. A breakdown may lead to a bearish move toward the target.
1. Stop Loss: Positioned at 2,680.417, above the current price, to limit risk.
2. Target: A bearish target at 2,631.709, indicating potential downside if the price breaks below the channel.
3. Price Action: The price is within an ascending channel. A breakdown may lead to a bearish move toward the target.
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t.me/LunaTrader_1
t.me/LunaTrader_1
"Join our Telegram channel to receive free, high-quality trading signals. Stay ahead in the market with our expert insights!"
t.me/LunaTrader_1
t.me/LunaTrader_1
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