XAUUSD TRADE SIGNAL ANALYSIS (1H) | READ THE CAPTION BELOWGOLD (XAUUSD) Trade Setup (1H Chart) ANALYSIS
Type: Long (Buy)
Entry Zone: 3,310 – 3,340
Stop Loss: 3,268
Targets:
🎯 Target 1: 3,400
🎯 Target 2: 3,470
🎯 Target 3: 3,545
ANALYSIS: Bullish Reversal (Support Bounce & Breakout Potential)
Price recently bounced from a key support zone (purple box) and formed a higher low near an ascending trendline. If price maintains this bullish momentum and breaks above minor resistance, we could see a continuation toward the target levels.
Risk Management:
Use appropriate position sizing with a favorable risk-to-reward ratio. Trade becomes invalid if price breaks and closes below the SL (Stop Loss) zone.
Note: Intraday to short-term swing setup – monitor for confirmation of breakout with volume and price action. Trade at your own risk.
