📈 XAUUSD 1H – Bullish Trend Continuation Setup (TCB Trend Phase)
Timeframe: 1H
Strategy Phase: ✅ Trend Phase (Pullback & Breakout)
🔍 Analysis:
Gold (XAUUSD) continues to hold its bullish trend structure, with price breaking above the descending trendline and forming higher highs and higher lows.
After a recent breakout, price pulled back to a key support + trendline confluence zone near 3,353, where it printed bullish continuation candles. This zone has also acted as a breakout-retest area, adding confidence.
The next major target lies around 3,425, just beneath the next supply/resistance zone.
📌 Trade Setup Summary:
Entry Zone: 3,360–3,370
Stop Loss: Below 3,352
Take Profit: 3,425
Risk-to-Reward: ~1:3+
Bias: Bullish continuation unless price breaks below structure
📋 TCB Checklist Review (Trend Phase):
✅ HTF Bullish Trend Confirmed (4H/1H)
✅ Pullback to Demand/Structure
✅ Breakout + Retest
✅ Trendline Confluence
✅ Clean RRR and no major chop
✅ No nearby HTF resistance until 3,425 zone
✅ Score: 100% A+ Setup
🧠 Trade Management Plan:
Move SL to breakeven at 1:1
Consider partial TP near 3,400
Re-enter if price forms another continuation setup
📚 Strategy: TCB (Trend – Countertrend – Breakout)
This trade follows the Trend Phase rules – trading pullbacks in a strong bullish market.
Timeframe: 1H
Strategy Phase: ✅ Trend Phase (Pullback & Breakout)
🔍 Analysis:
Gold (XAUUSD) continues to hold its bullish trend structure, with price breaking above the descending trendline and forming higher highs and higher lows.
After a recent breakout, price pulled back to a key support + trendline confluence zone near 3,353, where it printed bullish continuation candles. This zone has also acted as a breakout-retest area, adding confidence.
The next major target lies around 3,425, just beneath the next supply/resistance zone.
📌 Trade Setup Summary:
Entry Zone: 3,360–3,370
Stop Loss: Below 3,352
Take Profit: 3,425
Risk-to-Reward: ~1:3+
Bias: Bullish continuation unless price breaks below structure
📋 TCB Checklist Review (Trend Phase):
✅ HTF Bullish Trend Confirmed (4H/1H)
✅ Pullback to Demand/Structure
✅ Breakout + Retest
✅ Trendline Confluence
✅ Clean RRR and no major chop
✅ No nearby HTF resistance until 3,425 zone
✅ Score: 100% A+ Setup
🧠 Trade Management Plan:
Move SL to breakeven at 1:1
Consider partial TP near 3,400
Re-enter if price forms another continuation setup
📚 Strategy: TCB (Trend – Countertrend – Breakout)
This trade follows the Trend Phase rules – trading pullbacks in a strong bullish market.
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.