Gold Spot (XAU/USD) 1H Chart Analysis
๐น Entry Point: 3,026.90 ๐ต
๐น Stop Loss: 3,019.58 - 3,019.07 โ (Risk Zone)
๐น Take Profit Levels:
TP1: 3,034.64 ๐ฏ
TP2: 3,041.72 ๐
Final Target: 3,053.04 ๐
๐ Trend Analysis:
๐ธ The market has been in a strong uptrend ๐ before pulling back to the entry zone.
๐ธ The trade setup suggests a buy (long) position, aiming for higher levels.
๐ธ If momentum continues, price may reach TP1 โ TP2 โ Final Target.
โ ๏ธ Risk-Reward Ratio:
โ Potential Reward: ~27 points ๐
โ Risk: ~7-8 points ๐จ
๐ฐ Risk-to-Reward Ratio: 1:3 (Favorable setup)
๐ป Risk Factor:
If price drops below 3,019.58, the trade will hit stop loss and may indicate a trend reversal ๐.
๐ข Conclusion:
Bullish trade setup looking promising if price holds above the entry point and moves towards TP targets! ๐๐ฅ
๐น Entry Point: 3,026.90 ๐ต
๐น Stop Loss: 3,019.58 - 3,019.07 โ (Risk Zone)
๐น Take Profit Levels:
TP1: 3,034.64 ๐ฏ
TP2: 3,041.72 ๐
Final Target: 3,053.04 ๐
๐ Trend Analysis:
๐ธ The market has been in a strong uptrend ๐ before pulling back to the entry zone.
๐ธ The trade setup suggests a buy (long) position, aiming for higher levels.
๐ธ If momentum continues, price may reach TP1 โ TP2 โ Final Target.
โ ๏ธ Risk-Reward Ratio:
โ Potential Reward: ~27 points ๐
โ Risk: ~7-8 points ๐จ
๐ฐ Risk-to-Reward Ratio: 1:3 (Favorable setup)
๐ป Risk Factor:
If price drops below 3,019.58, the trade will hit stop loss and may indicate a trend reversal ๐.
๐ข Conclusion:
Bullish trade setup looking promising if price holds above the entry point and moves towards TP targets! ๐๐ฅ
Note
Target Hit! โ
โ
โ
๐น Entry Point: 3,027.24
๐น TP1: 3,034.64 ๐
๐น TP2: 3,041.72 ๐
๐น Target Point: 3,053.04 ๐ฏ๐ฅ
๐ฅ Stop Loss: 3,019.58 (Not hit) โ
Gold (XAU/USD) followed the plan perfectly! ๐๐ฐ Are you planning to re-enter or wait for a pullback? ๐๐
join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.
join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.