(XAUUSD ) BUY
Entry Zone
Price Level: Around $3304 - $3300
Confirmation: Break above the cloud resistance and downward trendline.
Indicators: Bullish signal as price moves above the Ichimoku cloud with an upward crossover.
Target Points
First Target (TP1): ~ $3375 – minor resistance zone
Second Target (TP2): ~ $3425 – projected upper target based on breakout momentum and previous swing highs
Stop Loss
Below the support zone or Ichimoku cloud, around $3280 - $3270, to manage risk.
Analysis Overview
The setup follows a retest of broken resistance turned support with a clean breakout pattern.
Discussion Points
Risk Management: Essential given potential volatility in gold.
Volume Confirmation: Needed to validate breakout strength.
Macro Influence: Watch for economic news/events that may influence gold (e.g., interest rate decisions, geopolitical tension).
Let me know if you'd like this formatted for a blog, presentation, or trading journal.
Entry Zone
Price Level: Around $3304 - $3300
Confirmation: Break above the cloud resistance and downward trendline.
Indicators: Bullish signal as price moves above the Ichimoku cloud with an upward crossover.
Target Points
First Target (TP1): ~ $3375 – minor resistance zone
Second Target (TP2): ~ $3425 – projected upper target based on breakout momentum and previous swing highs
Stop Loss
Below the support zone or Ichimoku cloud, around $3280 - $3270, to manage risk.
Analysis Overview
The setup follows a retest of broken resistance turned support with a clean breakout pattern.
Discussion Points
Risk Management: Essential given potential volatility in gold.
Volume Confirmation: Needed to validate breakout strength.
Macro Influence: Watch for economic news/events that may influence gold (e.g., interest rate decisions, geopolitical tension).
Let me know if you'd like this formatted for a blog, presentation, or trading journal.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.