My analyzing the XAU/USD (Gold vs. US Dollar) on a 1-hour chart. Let's break down the information visible and provide both target and distraction (likely risks or invalidation points) based on my chart.
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🔍 Chart Summary
Current Price: ~3,391.180
Chart Type: TradingView 1-hour timeframe
Indicators: Ichimoku Cloud, BOS (Break of Structure), CHoCH (Change of Character)
Targets Labeled:
Target Point 1: ~3,400.000
Target Point 2: ~3,440.000
Support Zone: Around 3,325.900 - 3,340.000 (boxed area + cloud support)
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🎯 Target Analysis
1. Short-Term Target: 3,400.000
This is a minor resistance level based on recent structure.
A likely take-profit area for scalpers or short-term traders.
2. Mid-Term Target: 3,440.000
This level is likely based on a full bullish continuation of the breakout pattern.
Considered if price breaks above 3,400 with strong volume/momentum.
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⚠ Distraction / Risk Zones
1. Support Re-test Zone (Boxed Area): 3,325.900 – 3,340.000
If price breaks below this, it could invalidate the bullish setup.
Watch for false breakouts or liquidity grabs here.
2. Ichimoku Cloud (Below 3,320.000):
A breakdown into or below the cloud can signal a bearish shift.
Confirmation of trend reversal if price closes below the cloud.
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✅ Strategy Summary
Aspect Level Note
Entry Zone 3,340 - 3,360 Near support zone
Target 1 3,400.000 Short-term goal
Target 2 3,440.000 Mid-term bullish breakout
Invalidation < 3,325.900 Consider exiting long trades
Risk Indicator Ichimoku Cloud Watch for bearish signals
---
🔍 Chart Summary
Current Price: ~3,391.180
Chart Type: TradingView 1-hour timeframe
Indicators: Ichimoku Cloud, BOS (Break of Structure), CHoCH (Change of Character)
Targets Labeled:
Target Point 1: ~3,400.000
Target Point 2: ~3,440.000
Support Zone: Around 3,325.900 - 3,340.000 (boxed area + cloud support)
---
🎯 Target Analysis
1. Short-Term Target: 3,400.000
This is a minor resistance level based on recent structure.
A likely take-profit area for scalpers or short-term traders.
2. Mid-Term Target: 3,440.000
This level is likely based on a full bullish continuation of the breakout pattern.
Considered if price breaks above 3,400 with strong volume/momentum.
---
⚠ Distraction / Risk Zones
1. Support Re-test Zone (Boxed Area): 3,325.900 – 3,340.000
If price breaks below this, it could invalidate the bullish setup.
Watch for false breakouts or liquidity grabs here.
2. Ichimoku Cloud (Below 3,320.000):
A breakdown into or below the cloud can signal a bearish shift.
Confirmation of trend reversal if price closes below the cloud.
---
✅ Strategy Summary
Aspect Level Note
Entry Zone 3,340 - 3,360 Near support zone
Target 1 3,400.000 Short-term goal
Target 2 3,440.000 Mid-term bullish breakout
Invalidation < 3,325.900 Consider exiting long trades
Risk Indicator Ichimoku Cloud Watch for bearish signals
Trade active
trade active Trade closed: target reached
1st target done close trade
t.me/Gold_Analysis_Experiment
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
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/Gold_Analysis_Experiment
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Jhonscalpertrade11
Gold signal's with proper TP & SL for high profits opportunities..
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.