#intraday_trading #XAUUSD may correct downwards Opportunity: | OctaFX Official

#intraday_trading

#XAUUSD may correct downwards

Opportunity: SELL
Main pattern: Strong resistance pullback
Explanation: The price has deviated substantially from its long-term trend and risen to the strong resistance level. The technical pattern suggests a possible downwards correction.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 1917.82
Stop Loss: 1924.43
Take Profit: 1911.20

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it.