This chart shows a potential bullish setup for Gold (XAUUSD) on the 15-minute timeframe, with some key technical elements and a projected trade idea. Here's a breakdown of the analysis:
1. Current Market Overview
Price: Trading around $3,038.51.
Trend: Recent downtrend followed by a minor recovery.
Indicators:
EMA 200 (Blue): Currently at $3,090.41, acting as a dynamic resistance.
EMA 30 (Red): Positioned below the EMA 200, indicating a still bearish trend but with potential for a pullback.
2. Key Zones & Labels
Limit Entry Zone: Highlighted around $3,025.72 (bottom purple zone)
Labeled as “LIMIT ENTRY”, indicating a potential buy entry.
This area corresponds with a fair value gap (fvg) — often used in smart money concepts as a sign of institutional interest.
Target Zone: Around $3,082.22 (top purple zone)
Labeled as “target point EA”.
Lies just below the EMA 200 resistance level, which is a likely take-profit area for a bullish move.
3. Projected Price Action
A possible bullish retracement is anticipated:
Dip into the limit entry/fvg zone at ~$3,025.
Then, a rally targeting the $3,082 zone, possibly extending toward the EMA 200 at ~$3,090.
4. Trade Setup (Based on the Chart)
Entry: Around $3,025.72 (limit buy)
Target: Between $3,082.22 - $3,090.41
Risk: Likely below the FVG zone (~$3,015–$3,020), depending on risk appetite.
1. Current Market Overview
Price: Trading around $3,038.51.
Trend: Recent downtrend followed by a minor recovery.
Indicators:
EMA 200 (Blue): Currently at $3,090.41, acting as a dynamic resistance.
EMA 30 (Red): Positioned below the EMA 200, indicating a still bearish trend but with potential for a pullback.
2. Key Zones & Labels
Limit Entry Zone: Highlighted around $3,025.72 (bottom purple zone)
Labeled as “LIMIT ENTRY”, indicating a potential buy entry.
This area corresponds with a fair value gap (fvg) — often used in smart money concepts as a sign of institutional interest.
Target Zone: Around $3,082.22 (top purple zone)
Labeled as “target point EA”.
Lies just below the EMA 200 resistance level, which is a likely take-profit area for a bullish move.
3. Projected Price Action
A possible bullish retracement is anticipated:
Dip into the limit entry/fvg zone at ~$3,025.
Then, a rally targeting the $3,082 zone, possibly extending toward the EMA 200 at ~$3,090.
4. Trade Setup (Based on the Chart)
Entry: Around $3,025.72 (limit buy)
Target: Between $3,082.22 - $3,090.41
Risk: Likely below the FVG zone (~$3,015–$3,020), depending on risk appetite.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
Related publications
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 telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
Related publications
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.