XAU/USD 15M CHART PATTERN

Here's a structured summary of your XAUUSD (Gold/USD) trade setup:


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📈 Trade Setup: BUY XAUUSD

Entry: 3333

Stop Loss: 3320 (13 pips below entry)



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🎯 Take Profit Levels:

1. TP1: 3340 (7 pips gain)


2. TP2: 3350 (17 pips gain)


3. TP3: 3370 (37 pips gain)




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⚖ Risk/Reward Ratios (Approx):

TP1: ~0.54 : 1

TP2: ~1.31 : 1

TP3: ~2.85 : 1



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✅ Comments:

You’re targeting scaling out profits as the price climbs, which is a sound risk management approach.

Stop loss is tight, so you may get stopped out easily on volatility unless you're trading with confirmation (e.g., bounce from support or bullish candlestick setup).

Consider monitoring macroeconomic events or news that could affect gold prices (like CPI, NFP, Fed speeches).


Would you like help with setting this up in a trading platform or calculating position size based on your risk?