Based on the analysis of the Gold (XAU/USD) chart using the Alligator indicator and Fibonacci levels, we observe that the price is currently trading near the key support level at 2,534.092. The Alligator indicator suggests a potential bearish trend, as its lines (Jaw, Teeth, Lips) are positioned above the price, indicating selling pressure.
Recommendation:
Sell Entry: If the price breaks below the support level at 2,534.092, it could be considered a signal to open a sell position with a target at the Fibonacci 0.382 level (2,726.744).
Risk Management: Place a stop-loss above the 2,600.000 level to minimize risks.
Note: It is recommended to monitor trading volumes and economic news that may impact gold prices before making any trading decisions.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.