Based on the chart you provided for Gold Spot (XAU/USD) on the 1-hour timeframe, here's a concise breakdown:
Setup Summary:
Support Line: 3300
Entry Line: 3321
Target 2: 3340 (short-term)
Current Price: ~3323.210
Trade Analysis:
Bias: Bullish reversal from the 3300 support zone.
Pattern: Possible double bottom or rejection wick at key support.
Ichimoku Cloud: Price is below the cloud—short-term bearish, but a reversal may be forming if price breaks above 3340 and holds.
---
Suggested Trade Plan:
Buy Entry: Around 3321
Targets:
First target: 3340
Potential further target if momentum builds: ~3354
Stop-Loss: Below 3300 (e.g., 3295 for safety)
Let me know if you want short-term or long-term outlook, or want a sell setup too.
Setup Summary:
Support Line: 3300
Entry Line: 3321
Target 2: 3340 (short-term)
Current Price: ~3323.210
Trade Analysis:
Bias: Bullish reversal from the 3300 support zone.
Pattern: Possible double bottom or rejection wick at key support.
Ichimoku Cloud: Price is below the cloud—short-term bearish, but a reversal may be forming if price breaks above 3340 and holds.
---
Suggested Trade Plan:
Buy Entry: Around 3321
Targets:
First target: 3340
Potential further target if momentum builds: ~3354
Stop-Loss: Below 3300 (e.g., 3295 for safety)
Let me know if you want short-term or long-term outlook, or want a sell setup too.
Trade active
Support line hit 240 pipsTrade closed: target reached
all target hit my best analysis
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Forex Gold & Crypto Signals with
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t.me/+16bIVCNBo0MzYzk0
Forex Gold & Crypto Signals with
detailed analysis & get consistent |
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Gold Signals with peoper TP & SL for
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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.
Join telegram free...
t.me/+16bIVCNBo0MzYzk0
Forex Gold & Crypto Signals with
detailed analysis & get consistent |
result ...
Gold Signals with peoper TP & SL for
high profit ...
t.me/+16bIVCNBo0MzYzk0
t.me/+16bIVCNBo0MzYzk0
Forex Gold & Crypto Signals with
detailed analysis & get consistent |
result ...
Gold Signals with peoper TP & SL for
high profit ...
t.me/+16bIVCNBo0MzYzk0
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.