XAUUSD Chart 4H Analysis BUY Gold Doesn't Have To Be Hard Profit Surging!
The provided XAUUSD (Gold Spot/U.S. Dollar) 4-hour chart outlines a structured technical setup with clearly defined entry points, retracement zone, and multiple take-profit (TP) targets.
The current price at the time of analysis is **$3,198.67**, with the potential for a bullish continuation upon confirmation within the valid setup zone. Let’s break this down in detail:
**Current Price and Entry Strategy**
* **Current Price:** $3,198.67
* **Recommendation:** Look for better entry around or near the green support zone. The setup is bullish-biased, suggesting a buy-on-dip opportunity.
* **Support/Invalidation Zone:** If the price **closes below the green zone**, the setup will be **invalidated**. Hence, risk management and confirmation are crucial before taking any position.
**Target Levels Identified**
Three Take-Profit (TP) levels are established in the chart, each indicating potential upward momentum if the price respects the support and begins to rise again:
* **TP1: $3,220.67**
✔️ Gain of **22 USD (220 pips)** from current price
✔️ Represents an initial move post-entry confirmation
✔️ Ideal for short-term scalpers or conservative traders
* **TP2: $3,252.67**
✔️ Gain of **54 USD (540 pips)** from current price
✔️ Mid-level target indicating strong bullish continuation
✔️ Can be a good point for partial profit booking
* **TP3: $3,284.67**
✔️ Gain of **86 USD (860 pips)** from current price
✔️ Long-term or full swing trade target
✔️ Represents full bullish momentum with higher reward-to-risk ratio
The provided XAUUSD (Gold Spot/U.S. Dollar) 4-hour chart outlines a structured technical setup with clearly defined entry points, retracement zone, and multiple take-profit (TP) targets.
The current price at the time of analysis is **$3,198.67**, with the potential for a bullish continuation upon confirmation within the valid setup zone. Let’s break this down in detail:
**Current Price and Entry Strategy**
* **Current Price:** $3,198.67
* **Recommendation:** Look for better entry around or near the green support zone. The setup is bullish-biased, suggesting a buy-on-dip opportunity.
* **Support/Invalidation Zone:** If the price **closes below the green zone**, the setup will be **invalidated**. Hence, risk management and confirmation are crucial before taking any position.
**Target Levels Identified**
Three Take-Profit (TP) levels are established in the chart, each indicating potential upward momentum if the price respects the support and begins to rise again:
* **TP1: $3,220.67**
✔️ Gain of **22 USD (220 pips)** from current price
✔️ Represents an initial move post-entry confirmation
✔️ Ideal for short-term scalpers or conservative traders
* **TP2: $3,252.67**
✔️ Gain of **54 USD (540 pips)** from current price
✔️ Mid-level target indicating strong bullish continuation
✔️ Can be a good point for partial profit booking
* **TP3: $3,284.67**
✔️ Gain of **86 USD (860 pips)** from current price
✔️ Long-term or full swing trade target
✔️ Represents full bullish momentum with higher reward-to-risk ratio
Trade active
Update GOLD (XAUUSD) POSTED ON SUNDAY 18 MAY 2025.
GOLD (XAUUSD) HIT TP 1 => 3220.67 (220 PIPS)
Note
Update GOLD (XAUUSD) HIT TP 2 => 3252.67 (540 PIPS)
Trade closed: target reached
UpdateGOLD (XAUUSD) HIT TP 3 => 3284.67 (860 PIPS)
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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 My free Telegram Channel.
t.me/fxmyworld
My Contact
t.me/myworld115
t.me/fxmyworld
My Contact
t.me/myworld115
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.