I am looking at a **buy trade setup for XAU/USD (Gold vs USD)** with the following levels:
- **Entry (Buy Now):** 3315
- **Target (Take Profit):** 3350
- **Support (Stop Loss):** 3275
### Here's a quick breakdown of the trade:
| Parameter | Value |
|----------------|-----------|
| Entry | 3315 |
| Target (TP) | 3350 |
| Stop Loss (SL) | 3275 |
| Risk (per oz) | 40 points |
| Reward | 35 points |
### Risk/Reward Ratio:
- **Reward/Risk = 35 / 40 = 0.875**, which is **less than 1**.
- This means the risk is slightly higher than the potential reward. Normally, traders aim for at least a 1:1 ratio, preferably 1.5:1 or higher.
### Suggestions:
- If you're confident in strong bullish momentum (e.g. fundamentals or technicals support it), it could be worth it.
- Consider adjusting the **target higher** or tightening the **stop loss** slightly to improve the risk/reward.
- Watch for key resistance around **3350**, as price action may stall there.
- **Entry (Buy Now):** 3315
- **Target (Take Profit):** 3350
- **Support (Stop Loss):** 3275
### Here's a quick breakdown of the trade:
| Parameter | Value |
|----------------|-----------|
| Entry | 3315 |
| Target (TP) | 3350 |
| Stop Loss (SL) | 3275 |
| Risk (per oz) | 40 points |
| Reward | 35 points |
### Risk/Reward Ratio:
- **Reward/Risk = 35 / 40 = 0.875**, which is **less than 1**.
- This means the risk is slightly higher than the potential reward. Normally, traders aim for at least a 1:1 ratio, preferably 1.5:1 or higher.
### Suggestions:
- If you're confident in strong bullish momentum (e.g. fundamentals or technicals support it), it could be worth it.
- Consider adjusting the **target higher** or tightening the **stop loss** slightly to improve the risk/reward.
- Watch for key resistance around **3350**, as price action may stall there.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
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📲 Join telegram channel free ..
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
Related publications
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.