XAU/USD 15M CHART PATTERN

Here's a breakdown of your XAUUSD (Gold vs USD) Buy trade setup:

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🟢 Trade Type: Buy (Long)

Entry Price: 3321

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🎯 Take Profit Levels:

1. TP1: 3330 (9 pips gain)

2. TP2: 3340 (19 pips gain)

3. TP3: 3350 (29 pips gain)

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🔴 Stop Loss:

SL: 3305 (16 pips risk)

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📊 Risk-Reward Ratios:

TP1: ~1:0.56

TP2: ~1:1.19

TP3: ~1:1.81

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✅ Analysis:

The setup shows a moderate risk with potential for compounding gains.

Ensure there's enough momentum or support confirmation at or around 3321.

Your stop loss is fairly tight (16 pips) — consider volatility during news hours (like NFP or Fed announcements).

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Would you like a chart analysis, help with position sizing, or automating this setup (e.g., for MetaTrader/TradingView)?

Mrprofe21

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Mrprofe21

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