Gold Spot / U.S. Dollar
Long
Updated

XAUUSD 4HOUR chart pattern ...

283
XAUUSD Buy Trade setup based on my input:

⚙️ Trade Setup
Bullish (Buy Setup)
Entry : 3432
Target : 3510
stop loss : 3395




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📍 Entry Zone

Current Price (Entry): Around 3,432.43

Entry Type: Breakout entry or wait for a minor pullback toward 3,420 – 3,425



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🎯 Target Zone

Primary Target (TP1): 3,510
(as shown marked as the target area on the chart)



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🛑 Suggested Stop Loss

Stop Loss: Below the last swing low or cloud support – around 3,390 – 3,395 (Protective SL beneath recent consolidation and Ichimoku baseline)



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📈 Risk-to-Reward Ratio

Let’s estimate:

Entry: 3,432

Stop Loss: 3,395 → Risk = 37 points

Target: 3,510 → Reward = 78 points


✅ Reward:Risk Ratio ≈ 2.1 : 1


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🧠 Trade Summary

This is a solid bullish breakout trade in gold (XAUUSD) from a clean descending trendline, confirmed by strong price action and Ichimoku support. The breakout is targeting the next resistance at 3510 with a good risk-to-reward profile. Ideal for short-term swing or intraday continuation
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