It looks like you shared some images from TradingView showing a trading setup for CFDs on Gold (XAU/USD). Let’s break down what I’m seeing in these charts:
✅ Chart Context:
The chart timeframe is 30 minutes (M30).
We see Ichimoku Clouds and some key levels marked.
✅ Key Levels:
Take Profit Zones: Clearly indicated around 3,340 and 3,360.
Stop Loss: Around 3,297-3,298.
✅ Trade Idea:
The trade setup suggests going long (buying) with a breakout above resistance.
Entry Zone: Around 3,306-3,309.
Take Profit Targets:
First target around 3,340.
Second target around 3,360.
Stop Loss: Below 3,297.
✅ Analysis:
The area above 3,306 is a breakout level.
Cloud support and horizontal support zones strengthen the case for a long trade.
Confirmation of bullish momentum (blue arrow).
If you’re considering trading this, remember:
Manage your risk (position size, SL).
Watch for confirmation (e.g., price action, volume).
Let me know if you want me to create a detailed trade plan, backtest it, or help set up alerts based on this! 🚀
✅ Chart Context:
The chart timeframe is 30 minutes (M30).
We see Ichimoku Clouds and some key levels marked.
✅ Key Levels:
Take Profit Zones: Clearly indicated around 3,340 and 3,360.
Stop Loss: Around 3,297-3,298.
✅ Trade Idea:
The trade setup suggests going long (buying) with a breakout above resistance.
Entry Zone: Around 3,306-3,309.
Take Profit Targets:
First target around 3,340.
Second target around 3,360.
Stop Loss: Below 3,297.
✅ Analysis:
The area above 3,306 is a breakout level.
Cloud support and horizontal support zones strengthen the case for a long trade.
Confirmation of bullish momentum (blue arrow).
If you’re considering trading this, remember:
Manage your risk (position size, SL).
Watch for confirmation (e.g., price action, volume).
Let me know if you want me to create a detailed trade plan, backtest it, or help set up alerts based on this! 🚀
Trade active
ACTIVE TRADE
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.