Instrument: XAU/USD (Gold Spot)
trade setup (BUY)
Entryzone : 3425
Target point : 3550
🔍 Technical Analysis Summary:
. Ascending Triangle Breakout:
Price action is forming higher lows, creating an ascending triangle.
The resistance line has been broken to the upside, indicating a bullish breakout.
A clear breakout candle is visible above the resistance line, confirming the breakout.
Target Point Calculation:
Height of triangle base: Approx. from 3,188 to 3,434 = ~246 points
Breakout level: Around 3,434
Target Projection: 3,434 + 116 = ~3,550
---
⚖️ Risk to Reward Ratio:
Entry (Buy): Around 3,425
Target (TP): Around 3,550
Stop Loss (SL): Below the triangle support trendline, around 3,410
Risk: 3,425 - 3,500 = 75 points
Reward: 3,550 - 3,425 = 125 points
✅ Risk:Reward Ratio = 125 / 75 ≈ 2.15:1
---
📌 Trade Summary:
Parameter Value
Pair XAU/USD
Timeframe 4H
Pattern Ascending Triangle
Bias Bullish
Entry Price ~3,425
Target Price ~3,550
Stop Loss ~3,410
Risk:Reward ~2.15:1
trade setup (BUY)
Entryzone : 3425
Target point : 3550
🔍 Technical Analysis Summary:
. Ascending Triangle Breakout:
Price action is forming higher lows, creating an ascending triangle.
The resistance line has been broken to the upside, indicating a bullish breakout.
A clear breakout candle is visible above the resistance line, confirming the breakout.
Target Point Calculation:
Height of triangle base: Approx. from 3,188 to 3,434 = ~246 points
Breakout level: Around 3,434
Target Projection: 3,434 + 116 = ~3,550
---
⚖️ Risk to Reward Ratio:
Entry (Buy): Around 3,425
Target (TP): Around 3,550
Stop Loss (SL): Below the triangle support trendline, around 3,410
Risk: 3,425 - 3,500 = 75 points
Reward: 3,550 - 3,425 = 125 points
✅ Risk:Reward Ratio = 125 / 75 ≈ 2.15:1
---
📌 Trade Summary:
Parameter Value
Pair XAU/USD
Timeframe 4H
Pattern Ascending Triangle
Bias Bullish
Entry Price ~3,425
Target Price ~3,550
Stop Loss ~3,410
Risk:Reward ~2.15:1
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.