Based on the gold (XAU/USD) 30-minute chart you provided, here's a simple scalping trade setup:
Scalping Trade Setup (Bullish Reversal)
Pair: XAU/USD
Timeframe: 30m
Direction: Long (Buy)
Entry: Above 3,238 (after confirmation candle closes above minor resistance)
Stop Loss (SL): 3,232 (below recent swing low)
Take Profit (TP): 3,245–3,250 (near prior small consolidation zone or resistance)
Confirmation Signals to Watch:
Bullish engulfing candle or pin bar.
Volume increase on bullish candles.
RSI bouncing from oversold (optional indicator support).
Trade with your own risk ‼️
Scalping Trade Setup (Bullish Reversal)
Pair: XAU/USD
Timeframe: 30m
Direction: Long (Buy)
Entry: Above 3,238 (after confirmation candle closes above minor resistance)
Stop Loss (SL): 3,232 (below recent swing low)
Take Profit (TP): 3,245–3,250 (near prior small consolidation zone or resistance)
Confirmation Signals to Watch:
Bullish engulfing candle or pin bar.
Volume increase on bullish candles.
RSI bouncing from oversold (optional indicator support).
Trade with your own risk ‼️
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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.
✅JOIN FREE TELEGRAM
✅t.me/+atTT3a4htZ8yZjQ0
✅DAILY 3-4 SIGNALS
✅ALL PAIRS CRYPTO & GOLD
✅t.me/+atTT3a4htZ8yZjQ0
✅DAILY 3-4 SIGNALS
✅ALL PAIRS CRYPTO & GOLD
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.