This chart shows a technical analysis setup for Gold Spot (XAU/USD) on the 4-hour timeframe. Here are the key points and interpretation:
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Pattern & Setup
Price Range (Blue Box): The price is consolidating between approximately 3,350 and 3,390, indicating indecision before a potential breakout.
Trendlines: The chart shows a previously broken rising trendline (gray), which has now turned into a resistance zone.
Key Resistance: Around 3,447.24, marked with an “SL” (Stop Loss), suggesting this is the invalidation point for short positions.
Reversal Signals: Red arrows at the top and green arrows at the bottom indicate recent reversal points — this hints at a range-bound or potentially bearish structure.
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Bearish Bias
The arrows and labeling indicate a short (sell) trade bias. If the price breaks below the current consolidation:
Target Points (Support Levels):
1. First Target: 3,315.767
2. Second Target: 3,244.396
3. Third Target: 3,160.504
These levels represent possible take-profit zones in a short scenario.
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Stop Loss
3,447.240 — Above the recent highs. If price breaks above this, the bearish setup is invalidated.
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Conclusion
The chart suggests a short trade setup on gold, targeting the drop from the current range, with defined risk at 3,447.240. Confirmation would come with a breakdown below the current range.
Would you like help setting up a trading plan based on this chart (entry, risk, reward ratio)?
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Pattern & Setup
Price Range (Blue Box): The price is consolidating between approximately 3,350 and 3,390, indicating indecision before a potential breakout.
Trendlines: The chart shows a previously broken rising trendline (gray), which has now turned into a resistance zone.
Key Resistance: Around 3,447.24, marked with an “SL” (Stop Loss), suggesting this is the invalidation point for short positions.
Reversal Signals: Red arrows at the top and green arrows at the bottom indicate recent reversal points — this hints at a range-bound or potentially bearish structure.
---
Bearish Bias
The arrows and labeling indicate a short (sell) trade bias. If the price breaks below the current consolidation:
Target Points (Support Levels):
1. First Target: 3,315.767
2. Second Target: 3,244.396
3. Third Target: 3,160.504
These levels represent possible take-profit zones in a short scenario.
---
Stop Loss
3,447.240 — Above the recent highs. If price breaks above this, the bearish setup is invalidated.
---
Conclusion
The chart suggests a short trade setup on gold, targeting the drop from the current range, with defined risk at 3,447.240. Confirmation would come with a breakdown below the current range.
Would you like help setting up a trading plan based on this chart (entry, risk, reward ratio)?
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。