(PAIR) XAUUSD (Gold Spot VS U.S DOLLAR)
📈 Trade Setup (BUY)
✅ Entry Zone
Entry Point: Around $3357(breakout level above red trendline)
This is based on the breakout above the descending triangle's resistance line.
A strong bullish candle has formed after consolidation.
🎯 Target Points
1. TP1 (First Target): ~$3445
This aligns with the first resistance zone above the cloud.
2. TP2 (Second Target): ~$3480
Near the next visible resistance level on the chart.
3. TP3 (Stretch Target): ~$3520
Longer-term breakout target based on measured move from triangle base.
❌ Stop Loss
SL (Stop Loss): ~$3320
Just below the breakout level and recent swing low for a safe margin.
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📐 Risk-Reward Ratio (RRR)
Let’s approximate using Entry: $2,319 | SL: $2,305
TP1 ($3445) → Reward = 26 | Risk = 14 → RRR ≈ 1.86
TP2 ($3480) → Reward = 43 | Risk = 14 → RRR ≈ 3.07
TP3 ($3520) → Reward = 61 | Risk = 14 → RRR ≈ 4.35
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🧠 Technical Summary
Breakout: Price has broken out of a descending triangle pattern, a bullish signal.
Ichimoku Cloud: Price has moved above the cloud, suggesting potential for further upside momentum.
Volume: Spike in volume around the breakout zone (not clearly visible but typically expected).
Support/Resistance: Next resistance levels align with Fibonacci extensions and past price structure.
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📝 Trade Summary
Parameter Value
Entry $3357
Stop Loss $3320
Take Profit 1 $3445
Take Profit 2 $3480
Take Profit 3 $3520
Risk-Reward Ratio 1.8 to 4.3 approx
Bias Bullish Breakout
📈 Trade Setup (BUY)
✅ Entry Zone
Entry Point: Around $3357(breakout level above red trendline)
This is based on the breakout above the descending triangle's resistance line.
A strong bullish candle has formed after consolidation.
🎯 Target Points
1. TP1 (First Target): ~$3445
This aligns with the first resistance zone above the cloud.
2. TP2 (Second Target): ~$3480
Near the next visible resistance level on the chart.
3. TP3 (Stretch Target): ~$3520
Longer-term breakout target based on measured move from triangle base.
❌ Stop Loss
SL (Stop Loss): ~$3320
Just below the breakout level and recent swing low for a safe margin.
---
📐 Risk-Reward Ratio (RRR)
Let’s approximate using Entry: $2,319 | SL: $2,305
TP1 ($3445) → Reward = 26 | Risk = 14 → RRR ≈ 1.86
TP2 ($3480) → Reward = 43 | Risk = 14 → RRR ≈ 3.07
TP3 ($3520) → Reward = 61 | Risk = 14 → RRR ≈ 4.35
---
🧠 Technical Summary
Breakout: Price has broken out of a descending triangle pattern, a bullish signal.
Ichimoku Cloud: Price has moved above the cloud, suggesting potential for further upside momentum.
Volume: Spike in volume around the breakout zone (not clearly visible but typically expected).
Support/Resistance: Next resistance levels align with Fibonacci extensions and past price structure.
---
📝 Trade Summary
Parameter Value
Entry $3357
Stop Loss $3320
Take Profit 1 $3445
Take Profit 2 $3480
Take Profit 3 $3520
Risk-Reward Ratio 1.8 to 4.3 approx
Bias Bullish Breakout
Trade active
Trade Active 
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.