Gold is maintaining its bullish momentum, with price action respecting key support levels. The chart highlights three target levels (TP1, TP2, TP3) marked with green lines, indicating potential zones for profit-taking as the uptrend progresses. A stop-loss is defined below the recent swing low, marked with a red line, to manage downside risk. This setup aligns with the prevailing trend and favors continuation traders.
Trade closed: target reached
All three targets hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.