Gold Spot / U.S. Dollar forum

Idea: XAUUSD Breakout confirmd: pric…


Take a moment to review your gold or crypto entries from last week. Identify where you made smart decisions and where mistakes occurred. This reflection is key to growth.
Master the art of exiting and re-entering trades wisely — it's a new week with new opportunities.
📈 Follow my professional profile now for more expert insights and timely updates.
• Entry: Buy above $3362 on strong volume breakout and candle body close
• SL: Below $3350
• TP1: $3378
• TP2: $3390+ (if sentiment/news is risk-off)
📌 Use MACD re-expansion and RSI > 70 as breakout confirmation.
⸻
🔴 Scenario 2 – Rejection and Pullback (Sell-the-failure)
• Entry: Short near $3358–3360 on bearish candle (like shooting star/inverted hammer)
• SL: Above $3365
• TP1: $3342
• TP2: $3325
• Confirmation: MACD histogram turning red + RSI rolling below 60
⸻
🟢 Scenario 3 – Buy the Dip
• Entry: Buy at $3330–3340 support zone on bullish price action
• SL: Below $3322
• TP1: $3355
• TP2: $3368
• Confirmation: Bullish MACD crossover on 15m or 1h, RSI > 50