$XAU We still consider this set up first it needs to retrace down to lower blue lines and then it can bounce back to the upper blue line where extended target will be at 4890 this is a bold set up so dont expect for it to happen in just 1 day, it may take some time days or weeks maybe but lets see ...

post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • 7
  • Share
Comment
Add a comment
Add a comment
TheGiantWhaleInTheReflection
· 05-15 08:58
Waiting for retracement down to the lower blue line before entering is more stable; chasing now is more likely to get trapped.
View OriginalReply0
GateUser-34d2b0ab
· 05-14 04:22
This 4890 target is quite aggressive; let's wait for a pullback to the blue line first. Be patient.
View OriginalReply0
OldKeycapTrader
· 05-14 04:14
Days or weeks have been mentioned; short-term traders can ignore it, focus on further research for long-term positioning.
View OriginalReply0
PfpArchaeologist
· 05-14 04:12
Wait for the pullback confirmation before acting.
Jumping in now is just fueling the big players.
View OriginalReply0
GateUser-8df0eb2b
· 05-14 04:08
Technical analysts are ecstatic, but a bold setup means setting wider stop-losses; risk control comes first.
View OriginalReply0
GateUser-e72657f0
· 05-14 04:08
If the upper blue line is truly touched, this bullish move can be a big win, but don't go all-in.
View OriginalReply0
  • Pinned