XAUUSD Technical Analysis 15M
This 15-minute gold chart shows a well-defined buying area around the 3,046 level, where price has shown support. A long position was likely initiated here, targeting the 3,058 level.
The risk-to-reward ratio appears favorable, with stop-loss protection below the buying area. A breakout above recent highs could fuel further bullish momentum, while a break below the buying zone may invalidate the setup.
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This 15-minute gold chart shows a well-defined buying area around the 3,046 level, where price has shown support. A long position was likely initiated here, targeting the 3,058 level.
The risk-to-reward ratio appears favorable, with stop-loss protection below the buying area. A breakout above recent highs could fuel further bullish momentum, while a break below the buying zone may invalidate the setup.
If you enjoy, press the like button.
Trade active
Note
after sl hunting, re entry activated from 3040 , sl 3035, targets ahead.
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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.