XAUUSD buy setup trendline breakout H1 chart analysis

4月9日

XAUUSD GOLD Quick Trade Recap

Entry: 3004 (buy)

Targets:

TP1: 3040

TP2: 3115

TP3: 3163



This gives you a nice R-multiple especially if your stop is tight and placed wisely.

Suggestions & Checks

1. Trendline Break Confirmation

Did the candle close above the trendline?

Was it a strong body candle or a weak breakout (e.g., wick-heavy)?

Is it above a previous swing high or resistance?



2. Stop-Loss Placement

Under the breakout candle?

Below the trendline?

Below last higher low (safer but wider)?



3. Volume Spike

Did you check if volume increased during the breakout?

Weak volume = fakeout risk.



4. Confluence Factors

Any moving averages aligning?

Fibonacci levels lining up with your targets?

RSI divergence or MACD crossover?



5. Macro Watch

Upcoming US CPI/PPI or NFP?

Fed speakers, interest rate hints?

Geopolitical tensions?




Risk-to-Reward Example

Let’s say stop is at 2980:

TP1 (3040): R:R = ~1.38

TP2 (3115): R:R = ~4.63

TP3 (3163): R:R = ~6.63


Those are very favorable, especially if you scale out at each level.

Want help plotting this in a chart or backtesting similar setups? Or want help setting this up in MQL5?

4月9日

交易進行

"GOLD BUY from 3013 — now flying at 3078 +650 pips in profit and running. BOOM!"

4月10日

交易結束：目標達成

"GOLD BUY from 3013 — now flying at 3160! That’s +1520 pips in profit, all TPs smashed! BOOM!"

4月10日

註釋

ALL TARGET 3160 DONE