Looking at your chart for XAU/USD (Gold vs USD) on the 1H timeframe, here’s the breakdown:
1. Current Trade Setup
Entry Price: Around 3,478.7
Stop Loss: Near 3,485.0
Take Profit (Target): Near 3,448.7
Risk/Reward Ratio: 2.46 (good, since it’s above 2.0)
Open P&L: Currently at –4.193, meaning the trade is in a slight drawdown.
---
2. Technical...
