XAU/USD (Gold vs. US Dollar) 4h chart pattern

3 天前

XAU/USD (Gold vs. US Dollar) on the 4-hour timeframe displays a bullish cup and handle pattern forming, with a breakout above the handle resistance and Ichimoku cloud.

Technical Observations:

Cup and Handle pattern indicates bullish continuation.

Breakout has occurred above trendline and handle.

Price is trading near $3,350 (approx).

Two upside TARGETS are marked on the chart.



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🎯 Projected Targets (Approximate):

Based on your chart:

1. First Target (TP1): Around $3,390 - $3,395


2. Second Target (TP2): Around $3,425 - $3,430



These targets align with the measured move of the cup height projected from the breakout level.


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✅ Confirmation:

Price is above the trendline and trying to hold above the Ichimoku cloud.

Entry would be ideal on a pullback to the breakout zone (~31,335-$3,340) for lower risk.

Stop-loss can be considered below the handle low (~$3,310 or $3,305).


Let me know if you want Fibonacci-based targets or support/resistance levels as well.

3 天前

交易進行

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