# *gold Analysis of the 1-hour time frame Chart:*
#### *1. Tools Used:*
- *Trend Lines:*
- Two trend lines forming a rising channel (ascending structure).
- A breakout below the lower trendline, indicating a potential shift in market structure.
- *Smart Money Concepts (SMC):*
- *BOS (Break of Structure):* Confirms a continuation of a trend.
- *CHOCH (Change of Character):* Indicates a potential market shift.
- *SSL (Sell-Side Liquidity):* Suggests a possible liquidity grab before price moves lower.
---
#### *2. Patterns Applied:*
- *Ascending Channel:*
- The price was moving within a rising channel before breaking down.
- *Breakout & Retest Pattern:*
- Price broke below the trendline and is retesting the breakout zone, confirming a potential short (sell) entry.
---
#### *3. Trade Setup & Expected Movement:*
- *Entry:* After the breakout and retest of the trendline.
- *Stop Loss (SL):* Above the previous high (around 3,061.89).
- *Take Profit (TP):* Around 2,983, targeting the next liquidity zone.
- *Risk/Reward:* The setup follows a trend reversal approach, with a bearish expectation.
### *Conclusion:*
- The chart suggests a *bearish setup* after the breakout.
- The structure indicates a *potential downtrend* with a retest confirming sell entries.
- If price moves back inside the channel, the bearish setup could be invalidated.
Would you like a risk/reward ratio analysis for this trade?
#### *1. Tools Used:*
- *Trend Lines:*
- Two trend lines forming a rising channel (ascending structure).
- A breakout below the lower trendline, indicating a potential shift in market structure.
- *Smart Money Concepts (SMC):*
- *BOS (Break of Structure):* Confirms a continuation of a trend.
- *CHOCH (Change of Character):* Indicates a potential market shift.
- *SSL (Sell-Side Liquidity):* Suggests a possible liquidity grab before price moves lower.
---
#### *2. Patterns Applied:*
- *Ascending Channel:*
- The price was moving within a rising channel before breaking down.
- *Breakout & Retest Pattern:*
- Price broke below the trendline and is retesting the breakout zone, confirming a potential short (sell) entry.
---
#### *3. Trade Setup & Expected Movement:*
- *Entry:* After the breakout and retest of the trendline.
- *Stop Loss (SL):* Above the previous high (around 3,061.89).
- *Take Profit (TP):* Around 2,983, targeting the next liquidity zone.
- *Risk/Reward:* The setup follows a trend reversal approach, with a bearish expectation.
### *Conclusion:*
- The chart suggests a *bearish setup* after the breakout.
- The structure indicates a *potential downtrend* with a retest confirming sell entries.
- If price moves back inside the channel, the bearish setup could be invalidated.
Would you like a risk/reward ratio analysis for this trade?
Trade active
XAUUSD Analysis bearish forecastGet strong Entry $3040/$3045
Final Target is $2985
Close your little profit as you move toward target.
Stop Loss is $3060
Use proper money management.
Note
This chart is made up for educational purpose. If you have any question you can ask me.
Trade closed: target reached
Thanks for holding.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
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.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
I deliver high-quality of forex signals and expert premium analysis updates, backed by meticulous analysis tools. and a commitment to exceptional results.
t.me/Xauusdanalysischartexperts
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.