Timeframe: 1-Hour (H1) XAU/USD
Current Price: Around 3338
Strategy: Bullish continuation from a fair value gap (FVG) zone with a potential breakout towards resistance.
✅ Bullish Trade Setup Details
Element Price Zone / Level
Entry ~$3,339.95
Stop Loss ~$3,321.58 (below FVG)
Target ~$3,367.06 (previous highs)
Key Chart Elements:
1. FVG Fair Value Gaps
Multiple FVG zones are highlighted below current price, showing strong bullish imbalance areas liquidity voids
These zones support bullish continuation.
2. Resistance Zone:
Around $3,367.06, previous double top marked as a key resistance zone.
Price may pause or reverse here unless strong bullish momentum breaks through.
3. Volume Profile:
High volume node near the entry zone, showing strong buyer interest around $3,330–$3,340.
Trade Idea
Summary of Strategy
Bias: Bullish (Buy)
Conditions for Entry: Wait for price to pull back into entry zone (~$3,330–$3,340)
Risk-to-Reward: Good R:R ratio, roughly 1:2 or better
Invalidation: If price closes below the FVG zone and stop loss (~$3,321.58), the bullish setup is invalidated.
Final Notes
Aggressive entry could be at market price.
Safer entry: Wait for a bullish confirmation candle within the FVG or support zone.
Watch volume at entry zone — low volume rejection may strengthen the setup.
Would you like me to update this with a potential short setup scenario too?
Current Price: Around 3338
Strategy: Bullish continuation from a fair value gap (FVG) zone with a potential breakout towards resistance.
✅ Bullish Trade Setup Details
Element Price Zone / Level
Entry ~$3,339.95
Stop Loss ~$3,321.58 (below FVG)
Target ~$3,367.06 (previous highs)
Key Chart Elements:
1. FVG Fair Value Gaps
Multiple FVG zones are highlighted below current price, showing strong bullish imbalance areas liquidity voids
These zones support bullish continuation.
2. Resistance Zone:
Around $3,367.06, previous double top marked as a key resistance zone.
Price may pause or reverse here unless strong bullish momentum breaks through.
3. Volume Profile:
High volume node near the entry zone, showing strong buyer interest around $3,330–$3,340.
Trade Idea
Summary of Strategy
Bias: Bullish (Buy)
Conditions for Entry: Wait for price to pull back into entry zone (~$3,330–$3,340)
Risk-to-Reward: Good R:R ratio, roughly 1:2 or better
Invalidation: If price closes below the FVG zone and stop loss (~$3,321.58), the bullish setup is invalidated.
Final Notes
Aggressive entry could be at market price.
Safer entry: Wait for a bullish confirmation candle within the FVG or support zone.
Watch volume at entry zone — low volume rejection may strengthen the setup.
Would you like me to update this with a potential short setup scenario too?
Trade closed: stop reached
stop loss is reached 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.