Gold Spot / U.S. Dollar
Long
Updated

XAUUSD 1Hour Chart Pattern ......

226
rade Setup Summary

(PAIR): Gold Spot (XAU/USD)
Setup: Reversal Breakout from Demand Zone

Entry Zone

Entry Price Zone: Around $3310 -

The price is approaching a strong demand zone marked in blue



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Target Points

Target 1 (TP1): ~$3330 (Short-term resistance)

Target 2 (TP2): ~$3375 (Previous swing high)

Target 3 (TP3): ~$3405+ (Major resistance & final profit-taking zone)



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Stop-Loss

Stop-Loss Level: ~$3285 (Below demand zone and Ichimoku baseline)



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Risk-Reward Ratio (RRR)

RRR (TP1): 2:1

RRR (TP2): 3.75:1

RRR (TP3): 5.75:1+



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Trade Summary

This setup suggests a long (buy) position near a well-defined demand zone with strong confluence from the Ichimoku cloud.

Price action has shown historical support in this area.

The trade is high-conviction if confirmation (e.g., bullish engulfing or reversal candle) appears in the entry zone.

Ideal for swing trading with multiple profit-taking levels and a tight, logical stop-loss placement
Trade active
entry from 3310 now gold touch 3349 390+ pips running in profit
trade active
Trade closed: target reached
target acheived
entry from 3310
target point 3405 all Target complete 950+_ pips secured

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