Gold Spot / U.S. Dollar
Long
Updated

XAU/USD..1h chart patttern..

503
**Gold (XAU/USD) trade plan** based on My levels, optimized for risk/reward:

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### **Gold (XAU/USD) Buy Setup**
**✅ Key Level:** **3300** (Resistance turned Support)
**🎯 Buy Zone:** **3340** (Pullback entry after breakout confirmation)
**🔥 Target:** **3500** (+1600 pts | **1:3+ R/R** if SL at 3280)
**🛑 Stop Loss:** **3280** (Below breakout level + buffer)

#### **Why This Works?**
1. **Breakout Retest:** Price broke **3300 resistance**, now acting as support.
2. **Higher Highs/Lows:** Uptrend intact (bullish structure).
3. **Target Logic:** Measured move from recent swing low projects to **3500**.

#### **Entry Triggers (Choose One):**
- **Aggressive:** Buy near **3340** with tight SL (3280).
- **Conservative:** Wait for **bullish reversal candle** (e.g., hammer, engulfing) at 3300-3340.

#### **Risk Management:**
- **Never risk >1-2% per trade.**
- **Move SL to breakeven** at **3380** (after +400 pts).

#### **Invalidation:**
- Close below **3280** (false breakout → cancel trade).

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**Optional Confluence:**
- Check **RSI (30-50)** for oversold bounce.
- Watch **USD weakness** (Fed dovishness, CPI data).

Let me know if you want tweaks (e.g., shorter-term scalp targets). 🚀
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Note
keep hold in buy

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