This is a 4-hour (4H) XAU/USD (Gold vs US Dollar) chart from OANDA on TradingView, with a clearly defined short (sell) trade setup. Here's a breakdown of the analysis:
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📉 Trade Setup Summary:
Bias: Bearish (short/sell)
Entry Zone: Around 3312.750
SL (Stop Loss) Point: Around 3315.472 – 3355.379 zone (highlighted in yellow at the top)
Target 1: Around 3274.105
Target 2: Around 3260.728
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📊 Chart Details:
The price has likely formed a lower high and is showing signs of reversal.
A yellow resistance zone marked as "SL Point" indicates the invalidation level — if price moves above this zone, the bearish setup is no longer valid.
Two yellow target zones are drawn below current price, suggesting expected areas where price might take support or reverse after hitting the take profit targets.
The trade shows a favorable risk-reward ratio, with a tight stop and a larger downside potential.
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🔍 Technical Insight:
The setup is based on resistance rejection and potential continuation of a downtrend.
Price appears to have made a lower high near resistance, which often precedes a bearish move.
The marked area is possibly a supply zone where sellers are expected to dominate again.
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🕹️ Key Levels:
Level Value
Stop Loss 3315.472 – 3355.379
Entry 3312.750
Target 1 3274.105
Target 2 3260.728
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📌 Conclusion:
This chart outlines a short-term sell trade setup for Gold with two downside targets and a clearly defined stop-loss zone. Traders would look for price confirmation and momentum below the entry level before executing the trade.
Let me know if you want a risk/reward calculation or the setup explained in Urdu.
---
📉 Trade Setup Summary:
Bias: Bearish (short/sell)
Entry Zone: Around 3312.750
SL (Stop Loss) Point: Around 3315.472 – 3355.379 zone (highlighted in yellow at the top)
Target 1: Around 3274.105
Target 2: Around 3260.728
---
📊 Chart Details:
The price has likely formed a lower high and is showing signs of reversal.
A yellow resistance zone marked as "SL Point" indicates the invalidation level — if price moves above this zone, the bearish setup is no longer valid.
Two yellow target zones are drawn below current price, suggesting expected areas where price might take support or reverse after hitting the take profit targets.
The trade shows a favorable risk-reward ratio, with a tight stop and a larger downside potential.
---
🔍 Technical Insight:
The setup is based on resistance rejection and potential continuation of a downtrend.
Price appears to have made a lower high near resistance, which often precedes a bearish move.
The marked area is possibly a supply zone where sellers are expected to dominate again.
---
🕹️ Key Levels:
Level Value
Stop Loss 3315.472 – 3355.379
Entry 3312.750
Target 1 3274.105
Target 2 3260.728
---
📌 Conclusion:
This chart outlines a short-term sell trade setup for Gold with two downside targets and a clearly defined stop-loss zone. Traders would look for price confirmation and momentum below the entry level before executing the trade.
Let me know if you want a risk/reward calculation or the setup explained in Urdu.
t.me/goldsignalsclub3
Join my telegram for free signals link in below
t.me/goldsignalsclub3
Join my telegram for free signals link in below
t.me/goldsignalsclub3
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/goldsignalsclub3
Join my telegram for free signals link in below
t.me/goldsignalsclub3
Join my telegram for free signals link in below
t.me/goldsignalsclub3
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.