Chart Overview:
Instrument: XAUUSD
Current Price: Around 3,012.705 USD
Timeframe: 1-hour candlesticks (visible from the selected “1h” timeframe)
Date Range: The visible candles range from April 2 to April 8, 2025
Trend Analysis:
A strong bearish trend is visible, followed by a bullish reversal from a demand/support zone.
The price bounced back from the 2,979.962 - 2,999.157 zone (marked in blue and red, likely a buy zone or support).
A recovery is underway, with price approaching the first target zone around 3,060.829.
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Key Zones and Price Levels:
Support Zone (Entry Zone):
Buy Area: 2,979.962 (Stop Loss Zone)
Entry: Around 2,999.157
Target Zones (Take Profits):
TP1: 3,060.829
TP2: 3,072.264
TP3: 3,137.611
Current Price Action:
The market is trading above the entry and heading toward TP1.
Strong bullish momentum after a clear reversal.
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General Interpretation:
This is a well-structured long trade setup on XAUUSD. It shows an entry from a demand zone with a good risk-reward ratio targeting multiple resistance levels. Likely based on supply/demand or price action trading strategy.
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Would you like help analyzing if this setup is still valid or advice on trade management?
Instrument: XAUUSD
Current Price: Around 3,012.705 USD
Timeframe: 1-hour candlesticks (visible from the selected “1h” timeframe)
Date Range: The visible candles range from April 2 to April 8, 2025
Trend Analysis:
A strong bearish trend is visible, followed by a bullish reversal from a demand/support zone.
The price bounced back from the 2,979.962 - 2,999.157 zone (marked in blue and red, likely a buy zone or support).
A recovery is underway, with price approaching the first target zone around 3,060.829.
---
Key Zones and Price Levels:
Support Zone (Entry Zone):
Buy Area: 2,979.962 (Stop Loss Zone)
Entry: Around 2,999.157
Target Zones (Take Profits):
TP1: 3,060.829
TP2: 3,072.264
TP3: 3,137.611
Current Price Action:
The market is trading above the entry and heading toward TP1.
Strong bullish momentum after a clear reversal.
---
General Interpretation:
This is a well-structured long trade setup on XAUUSD. It shows an entry from a demand zone with a good risk-reward ratio targeting multiple resistance levels. Likely based on supply/demand or price action trading strategy.
---
Would you like help analyzing if this setup is still valid or advice on trade management?
Trade closed: target reached
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✅ Provide Gold And All Pair Signals
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t.me/FOREX_BRIGHT_FUTURE1
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.
✅ ✅ Perfect Signals Provider With 90% Accuracy
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
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.