Calling all traders! We've uncovered a glittering setup on the 1-hour timeframe for Gold that's simply too good to resist:
ð Technical Analysis Highlights ð
ð· Bullish Gartley Pattern: The price action has elegantly formed a bullish Gartley pattern, and not just that, it has successfully completed it. The confirmation is a bounce precisely at point D.
ðŊïļ Bullish Engulfing: Adding to the confirmation, the most recent candlestick is a powerful bullish engulfing pattern, solidifying the setup's potential.
ð Trade Strategy ð
With these compelling technical signals, it's time to seize this golden buying opportunity on Gold!
ðŊ Take Profit Targets ðŊ
1ïļâĢ First Target: 1924
2ïļâĢ Second Target: 1932
3ïļâĢ Ultimate Target: 1945
Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you want more qualitative insights like this one ðð