Gold (XAU/USD) 1-hour chart analysis for the buy setup:
Buy Entry Zone (Low-Risk Entry):
Around $3,330 – $3,332 (blue line area on chart)
Take Profit Levels (TPs):
1. TP1: $3,367 – previous resistance / neckline zone
2. TP2: $3,376 – recent high zone
3. TP3 (Final Target): $3,407– marked "Target" on chart
Stop Loss (SL)
Below the recent low: $3,310
(just below the blue arrow swing low for safe margin)
Summary of the Trade Setup:
Action Price
Entry $3,330–$3,332
Or current states from 3335
SL . Below $3,310
TP1 $3,367
TP2 $3,376
TP3 $3,407
Buy Entry Zone (Low-Risk Entry):
Around $3,330 – $3,332 (blue line area on chart)
Take Profit Levels (TPs):
1. TP1: $3,367 – previous resistance / neckline zone
2. TP2: $3,376 – recent high zone
3. TP3 (Final Target): $3,407– marked "Target" on chart
Stop Loss (SL)
Below the recent low: $3,310
(just below the blue arrow swing low for safe margin)
Summary of the Trade Setup:
Action Price
Entry $3,330–$3,332
Or current states from 3335
SL . Below $3,310
TP1 $3,367
TP2 $3,376
TP3 $3,407
Trade active
ActiveTrade closed: target reached
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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.