Bullish Scenario – Breakout Above $3,300
Bias: Bullish (Trend Continuation or Breakout Play)
Entry Condition:
Price breaks and closes above $3,300 on the H1 or H4 timeframe.
Ideally accompanied by rising volume and no strong upper wick (shows strength).
Entry Point: Around $3,301–$3,305 after confirmation.
Targets:
🎯 Target 1: $3,320 – Near-term psychological level.
🎯 Target 2: $3,332 – Next resistance zone.
Stop Loss: Below $3,290 (to avoid false breakout pullbacks).
Can scale in more above $3,310 if momentum is strong.
❌ Bearish Scenario – Breakdown From $3,300 or Below Support
Bias: Bearish (Rejection or Breakdown Play)
Entry Condition:
Price fails to hold $3,300 and forms a bearish rejection candle (like a pin bar or engulfing).
OR it breaks below local support around $3,290–$3,285 with follow-through.
Entry Point: Around $3,288–$3,295 after confirmation.
Targets:
🎯 Target 1: $3,180 – Major support level.
🎯 Target 2: $3,170 – Clean round number / extension zone.
Stop Loss: Above $3,310 (invalidates bearish setup if broken).
https://www.tradingview.com/x/fXOnyxpY/
Bias: Bullish (Trend Continuation or Breakout Play)
Entry Condition:
Price breaks and closes above $3,300 on the H1 or H4 timeframe.
Ideally accompanied by rising volume and no strong upper wick (shows strength).
Entry Point: Around $3,301–$3,305 after confirmation.
Targets:
🎯 Target 1: $3,320 – Near-term psychological level.
🎯 Target 2: $3,332 – Next resistance zone.
Stop Loss: Below $3,290 (to avoid false breakout pullbacks).
Can scale in more above $3,310 if momentum is strong.
❌ Bearish Scenario – Breakdown From $3,300 or Below Support
Bias: Bearish (Rejection or Breakdown Play)
Entry Condition:
Price fails to hold $3,300 and forms a bearish rejection candle (like a pin bar or engulfing).
OR it breaks below local support around $3,290–$3,285 with follow-through.
Entry Point: Around $3,288–$3,295 after confirmation.
Targets:
🎯 Target 1: $3,180 – Major support level.
🎯 Target 2: $3,170 – Clean round number / extension zone.
Stop Loss: Above $3,310 (invalidates bearish setup if broken).
https://www.tradingview.com/x/fXOnyxpY/
Trade active
🚨 **Gold Trade Update – Bullish Scenario** 🚨- **Entry (Breakout Buy):** 3305
- **Confirmed Buy Zone Activated**
- **Target Achieved:** 3340 🎯
- ✅ **All Targets Hit – Massive Profit Secured**
- **Trade Status:** Closed with success 💰
📈 Strong momentum, clean breakout – textbook bullish play. Congrats to everyone who rode the wave! Stay tuned for the next setup. 🌟
Trade closed: target reached
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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.