Bloom_Forex_Official

Gold trading idea on H4 Sell Gold Now on the key level of 1960

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Very important points, if gold breaks the 1964 zone, then trend change and the structure of the market will be changed, and we will wait for the confirmation candles on H1, M30 to put a buy trade, but as per the behavior of the markets, the 1960–1964 zone is a strong Resistance zone, and markets have already tested and given respect to the level. Now wait for the sell confirmations.
Here is the below sell order setup, please follow the Money management.
Sell XAUUSD (Gold) 1960-1963
Entry Point: 1960-1963
Stop Loss: 1940
Take Profit: 1930
Take Profit: 1914
Take Profit: 1887

Gold trading idea based on supply and demand zone, follow proper setup keep eyes on fundamentals, this is short term trade set up on H4.

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