priceactiongold1

"Gold has trapped buyers, closing below a key demand zone that also served as support on the 1-hour timeframe. To approach this setup strategically, let the price retrace to the 0.5 or 0.618 Fibonacci level. Avoid entering trades immediately as it reaches these levels; instead, wait for a clear formation of lower lows to confirm the setup.Keep in mind that the recent support may now act as resistance, creating a possible reversal point. Additionally, a minor order block aligns with the 0.618 level on the 5-minute chart. Be thorough in checking all confirmations, and take the trade with a manageable stop loss. Keep your risk controlled, especially with the current market volatility.If you found this insight helpful, don’t forget to like, follow, and comment for more trade logic!"

"Gold recently broke the trendline, but note that it did not close below its lows on the 15-minute timeframe. Many traders might have entered right after the breakout or retest, but it's crucial to confirm whether lows are actually breaking before taking any position. Currently, gold has broken our key order block and retraced for a possible retest or a buyer trap. I observed a rejection after gold broke a swing low, filling an imbalance/fair value gap (FVG), which led me to consider a long position. This trade carries a bit more risk since the momentum hasn't been as strong as with BTC, so I've opted for a smaller risk allocation."pls like follow and comment for more such trade ideas !

"As anticipated, BTC offered a solid buying opportunity after breaking through the order block. I entered the trade following a confirmed break on the 15-minute timeframe, with a retest and rejection on the 5-minute timeframe. My stop-loss is positioned below the swing low, with the target profit near the next upper order block. I've already secured 40% profit at a 1:2 risk-to-reward ratio, and I plan to fully exit at 1:5. Follow for more trade insights and setups!"