This is a technical analysis chart for Gold Spot against the US Dollar (XAU/USD) on the 1-hour timeframe. The chart is decorated with various technical indicators and price action analysis.
Entry Zone and Stop Loss (SL):
Entry Zone: Between $2,925.64 and $2,930.74
Stop Loss (SL): $2,940.5
Take Profit Targets (TP):
TP1: $2,908.51
TP2: $2,888.83
TP3: $2,864.39
A sharp bearish movement happened recently, followed by a small recovery.
Proposed Trade Setup:
Anticipated retracement into the "Entry Zone" between $2,925.64 and $2,930.74.
After entering this zone, the expectation is for the price to continue a downward trend toward the three take-profit targets.
Risk Management:
Stop Loss (SL) is above the entry zone to protect against unexpected upward movement.
Multiple Take Profit levels suggest scaling out of positions for a balanced risk-reward strategy.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Entry Zone and Stop Loss (SL):
Entry Zone: Between $2,925.64 and $2,930.74
Stop Loss (SL): $2,940.5
Take Profit Targets (TP):
TP1: $2,908.51
TP2: $2,888.83
TP3: $2,864.39
A sharp bearish movement happened recently, followed by a small recovery.
Proposed Trade Setup:
Anticipated retracement into the "Entry Zone" between $2,925.64 and $2,930.74.
After entering this zone, the expectation is for the price to continue a downward trend toward the three take-profit targets.
Risk Management:
Stop Loss (SL) is above the entry zone to protect against unexpected upward movement.
Multiple Take Profit levels suggest scaling out of positions for a balanced risk-reward strategy.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Trade active
trade active now and also done 1:1 RR, price fill our entry zone and move 150+ pips according to our analyze now we are waiting for our TP1 and for our final target boost now and also follow for more analyze of XAUUSD.
Note
again 160+pips running.
Note
Tp1 smashed 220+ pips booked.
Note
Tp2 smashed 430+ pips booked.
Note
600+ pips running trade and still waiting for the final target.
enjoy guys enjoy.
Trade closed: target reached
final target reached.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.