Gold Spot / U.S. Dollar
Long
Updated

XAU/USD. gold 1d chart pattern

4 512
*gold (XAU/USD) buy trade* with:
- *Entry Price:* *3175*
- *First Target (FVG):* *3200* (+25 points)
- *Final Target:* *3268* (+93 points)

### Analysis of the Trade Setup:
1. *Fair Value Gap (FVG) Target (3200):*
- An FVG often acts as a short-term liquidity zone.
- Price may stall or pull back near *3200* before continuing upward.
- *Action:* Consider taking partial profits here or tightening stops.

2. *Final Target (3268):*
- A *+93-point move* (~*2.9%* gain from entry).
- Check if *3268* aligns with key resistance levels (previous highs, Fibonacci extensions, etc.).

### Key Considerations:
✅ *Bullish Confirmation Needed:*
- Is gold in an uptrend (e.g., breaking higher highs & higher lows)?
- Are supporting factors like a weaker USD, Fed rate cuts, or geopolitical risks in play?

⚠ *Risk Management:*
- *Stop-Loss (SL):* Should be below a recent swing low (e.g., *3150-3160*).
- *Risk-Reward Ratio (RRR):*
- If SL = *3160* (15-point risk), then:
- *First Target (3200):* *RRR = 1.67x*
- *Final Target (3268):* *RRR = 6.2x*

### Trade Plan Suggestion:
1. *Enter at 3175* (if bullish structure confirms).
2. *Take 50% profit at 3200* (FVG zone).
3. *Move SL to breakeven* (or trail stop).
4. *Let remaining position ride to 3268* (if trend remains strong).

Would you like help identifying key support/resistance levels or analyzing gold’s current trend for confirmation?
Trade active
trade active in buy
Trade closed: target reached
target almost done gold touch 3250 profit booked 750 pips done

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