This XAUUSD (Gold vs USD) 2-hour chart analysis outlines a short-term swing trading plan using key supply and demand zones. Price has reacted from the Buy Zone (3197–3216) and is showing signs of bullish reversal. The target is the Sell Zone (3347–3363).
✅ Trade Plan:
🔽 Buy Entry:
Zone: 3,197 – 3,216 USD
Trigger: Bullish candle breakout above the falling trendline
Confirmation: Retest of breakout with bullish price action
🎯 Targets:
TP1: 3,302 (mid-range level)
TP2: 3,347 (Sell Zone bottom)
TP3: 3,363 (Sell Zone top)
🛑 Stop Loss:
Below 3,190 or latest swing low
🔼 Sell Setup (optional):
Zone: 3,347 – 3,363 USD
Look for bearish reversal patterns (e.g., bearish engulfing, double top)
Target retrace back to 3,302 or 3,260 area
✅ Trade Plan:
🔽 Buy Entry:
Zone: 3,197 – 3,216 USD
Trigger: Bullish candle breakout above the falling trendline
Confirmation: Retest of breakout with bullish price action
🎯 Targets:
TP1: 3,302 (mid-range level)
TP2: 3,347 (Sell Zone bottom)
TP3: 3,363 (Sell Zone top)
🛑 Stop Loss:
Below 3,190 or latest swing low
🔼 Sell Setup (optional):
Zone: 3,347 – 3,363 USD
Look for bearish reversal patterns (e.g., bearish engulfing, double top)
Target retrace back to 3,302 or 3,260 area
Trade active
TP3: 3,363 DONE like for more setups 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.