XAUUSD – SCALP TRADE (1H TIME FRAME) | 06 JULY 2025 - 2:30 PM GMT
On the higher time frames, XAUUSD is ranging inside a light pink channel. Zooming into the 1-hour chart, we see a change of character following a recent spike, then a sideways pullback forming a light blue channel. The current price action near the lower boundary hints at an intraday upward move toward the channel top.
This scalp trade setup offers a short-term opportunity with defined risk and moderate reward potential.
XAUUSD – SCALP TRADE (1H TIME FRAME) | 06 JULY 2025
Buy 1: 3336.60 (current price)
Buy 2: 3334.46
Target Prices:
TP1: 3343.30 TP2: 3348.80
SL (hourly close): Below 3330.50 | R:R: 1:2.3
📢 Disclaimer: Do not copy or redistribute signals without prior consent or proper credit to The Chart Alchemist (TCA).
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On the higher time frames, XAUUSD is ranging inside a light pink channel. Zooming into the 1-hour chart, we see a change of character following a recent spike, then a sideways pullback forming a light blue channel. The current price action near the lower boundary hints at an intraday upward move toward the channel top.
This scalp trade setup offers a short-term opportunity with defined risk and moderate reward potential.
XAUUSD – SCALP TRADE (1H TIME FRAME) | 06 JULY 2025
Buy 1: 3336.60 (current price)
Buy 2: 3334.46
Target Prices:
TP1: 3343.30 TP2: 3348.80
SL (hourly close): Below 3330.50 | R:R: 1:2.3
📢 Disclaimer: Do not copy or redistribute signals without prior consent or proper credit to The Chart Alchemist (TCA).
✨ Kindly support our efforts by boosting and sharing this idea!
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.
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.