Hey traders!
Check out this XAUUSD chart where we’ve spotted a potential Smart Money Concept (SMC) setup.
The price recently broke out above a key consolidation zone (blue shaded area) around early August 2025, with a pullback to the breaker level at 3,373.830 USD. This could be a bullish continuation signal!
Entry: Consider entering long after a confirmed bounce or retest of the breaker at 3,373.830.
Stop Loss: Place below the breaker at around 3,368.000 for risk management.
Take Profit: Target the next resistance or a 1:2 risk-reward ratio around 3,420.000.
Observation: Watch for volume confirmation and candlestick patterns (e.g., bullish engulfing) at the breaker for added confidence.
Trade smart and manage risk!
#XAUUSD #SMC #Breakout #Bullish #TradingSetup
Check out this XAUUSD chart where we’ve spotted a potential Smart Money Concept (SMC) setup.
The price recently broke out above a key consolidation zone (blue shaded area) around early August 2025, with a pullback to the breaker level at 3,373.830 USD. This could be a bullish continuation signal!
Entry: Consider entering long after a confirmed bounce or retest of the breaker at 3,373.830.
Stop Loss: Place below the breaker at around 3,368.000 for risk management.
Take Profit: Target the next resistance or a 1:2 risk-reward ratio around 3,420.000.
Observation: Watch for volume confirmation and candlestick patterns (e.g., bullish engulfing) at the breaker for added confidence.
Trade smart and manage risk!
#XAUUSD #SMC #Breakout #Bullish #TradingSetup
🔥 Live Signals | Gold | Crypto
👉 t.me/NexoTrades3
Trading involves risk. Always do your own analysis before making financial decisions.
👉 t.me/NexoTrades3
Trading involves risk. Always do your own analysis before making financial decisions.
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.
🔥 Live Signals | Gold | Crypto
👉 t.me/NexoTrades3
Trading involves risk. Always do your own analysis before making financial decisions.
👉 t.me/NexoTrades3
Trading involves risk. Always do your own analysis before making financial decisions.
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.