๐ Trade Setup: XAUUSD (Gold/USD)
Sell Entry Point: 2694
๐ซ Stop Loss: 2713
๐ฏ Target Levels:
1. First Target: 2662 ๐ฅ
2. Second Target: 2624 ๐ฅ
3. Third Target: 2604 ๐ฅ
๐ Key Trade Management:
If the market touches the first target (2662), adjust your stop loss to the entry point (2694) to lock in a risk-free trade.
๐ Current Market Context:
The market has reached the supply zone.
A large bearish candle ๐ has appeared, highlighting strong selling pressure.
This confirms a bearish trend and momentum toward the target levels.
๐ก Recommendation:
Stay vigilant for price action signals around the supply zone.
Ensure your risk-to-reward ratio supports your trading goals.
Additional bearish signals ๐ป could strengthen the tradeโs confidence.
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Like โค๏ธ, share ๐, and comment for more insights.
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Happy trading!