Below is a detailed long (buy) trade analysis of the XAU/USD (Gold vs USD) 4H chart you've provided:
Total Market Structure:
The chart shows a bullish setup forming after a break of structure (BOS) out of a prior downtrend.
Price bounced back with vigor from a solid support level (highlighted grey at the bottom), which means possible reversal or continuation to the upside.
Key Areas & Observations
1. Major Support Zone (Bottom Grey Box):
Price responded sharply in this case, recovering in a "V" shape.
Points to strong buying pressure at levels of $3,250–$3,258, which is also in your range
2. BOS + Bullish Rally Zone:
There is a break of structure (BOS) upwards, indicating a trend reversal.
Following the BOS, price retraced and is now in a pullback phase, moving towards the zone of potential entry.
3. Entry Zone:
Priced at $3,285–$3,290, close to the pivotal support level.
Look for bullish reversal patterns such as double bottom or bullish engulfing here to confirm entry.
4. Target Area
First target: around $3,340–$3,345 (resistance level of past price action).
Second target: around $3,360–$3,365 (zone of resistance to watch as indicated on chart
Risk Reward looks good according to this configuration thanks
✅ Long Trade Plan Summary:
Buy Entry: $3,285 - $3,290
Stop Loss: Less than $3,245 structure zone
Take Profit Zones:
TP1: $3,340
TP2: $3,365
Confirmation Needed: Look for bullish reversal candlestick or price action pattern near the entry zone.
Total Market Structure:
The chart shows a bullish setup forming after a break of structure (BOS) out of a prior downtrend.
Price bounced back with vigor from a solid support level (highlighted grey at the bottom), which means possible reversal or continuation to the upside.
Key Areas & Observations
1. Major Support Zone (Bottom Grey Box):
Price responded sharply in this case, recovering in a "V" shape.
Points to strong buying pressure at levels of $3,250–$3,258, which is also in your range
2. BOS + Bullish Rally Zone:
There is a break of structure (BOS) upwards, indicating a trend reversal.
Following the BOS, price retraced and is now in a pullback phase, moving towards the zone of potential entry.
3. Entry Zone:
Priced at $3,285–$3,290, close to the pivotal support level.
Look for bullish reversal patterns such as double bottom or bullish engulfing here to confirm entry.
4. Target Area
First target: around $3,340–$3,345 (resistance level of past price action).
Second target: around $3,360–$3,365 (zone of resistance to watch as indicated on chart
Risk Reward looks good according to this configuration thanks
✅ Long Trade Plan Summary:
Buy Entry: $3,285 - $3,290
Stop Loss: Less than $3,245 structure zone
Take Profit Zones:
TP1: $3,340
TP2: $3,365
Confirmation Needed: Look for bullish reversal candlestick or price action pattern near the entry zone.
Note
Trade running as per analysis 230+pips profit moves i hope half of target you get thanks keep supporting me for more precious chart based signals to provide you Note
our chart setup is running at 320+pips profit now current situation is 3316entry point of our setup is 3284 stay connected
Trade closed: target reached
congratulation guys our all target is well achieved see chart perfection entry point running profit 830+pips profit moves keep supporting me for more chart setup to deliver you
Harry Trader
t.me/+4m_vvT-TNK0yYTE8
Free Education & Signal Daily
Focus on Gold/XAUUSD
BTC/USD
GBP/JPY
EUR/USD
GBP/USD
STOCKS
COMMODITIES
Sharp Entry & Sniper Entry
t.me/+4m_vvT-TNK0yYTE8
t.me/+4m_vvT-TNK0yYTE8
Free Education & Signal Daily
Focus on Gold/XAUUSD
BTC/USD
GBP/JPY
EUR/USD
GBP/USD
STOCKS
COMMODITIES
Sharp Entry & Sniper Entry
t.me/+4m_vvT-TNK0yYTE8
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.
Harry Trader
t.me/+4m_vvT-TNK0yYTE8
Free Education & Signal Daily
Focus on Gold/XAUUSD
BTC/USD
GBP/JPY
EUR/USD
GBP/USD
STOCKS
COMMODITIES
Sharp Entry & Sniper Entry
t.me/+4m_vvT-TNK0yYTE8
t.me/+4m_vvT-TNK0yYTE8
Free Education & Signal Daily
Focus on Gold/XAUUSD
BTC/USD
GBP/JPY
EUR/USD
GBP/USD
STOCKS
COMMODITIES
Sharp Entry & Sniper Entry
t.me/+4m_vvT-TNK0yYTE8
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.