. ๐ **Gold (XAU/USD) M30 Trading Idea** โ 15 April 2025
. โ **Bias:** Bullish (Buy Setup)
. ๐ **Market Structure:**
- Price consolidating in a range.
- Strong support zone: **3211 โ 3216**
- Resistance/target zone: **3252**
- Current price: Around **3228**
- Expecting a **pullback** before break
. ๐ง **Trading Plan:**
.๐ **Entry (Buy Limit):**
- Around **3220 โ 3216** zone
. ๐ก๏ธ **Stop Loss (SL):**
- Below **3210** (just under the support zone)
. ๐ฏ **Take Profit (TP):**
- **Target 1:** 3240 (partial)
- **Target 2:** 3252 (final)
. โ ๏ธ **Invalidation:**
- If price breaks and closes below **3210** with volume, setup invalid.
---
. ๐งฉ **Trade Logic:**
- Support zone is holding well with multiple touches.
- Consolidation suggests accumulation phase.
- Breakout above 3230 could trigger momentum buying.
- Risk-reward ratio is favorable.
---
. ๐ **Chart Timeframe:** M30
. ๐ **Valid Till:** 16 April or until breakout occurs
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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.