This chart is a technical analysis of the Gold Spot price (XAU/USD) on the 15-minute time frame. The analysis outlines a potential bullish trading setup, aiming for a price recovery toward the all-time high (ATH) and a final target of 3,500 USD.
Market Phase: The price has recently pulled back from a high and is currently showing signs of consolidation or minor retracement.
2. Chart Highlights:
Final Target (Take Profit):
Level: 3,500 USD
This is marked at the top of the chart and labeled as Final Target and also tagged as ATH (All-Time High).
The analyst anticipates that after a short-term retracement, the price will rise again and potentially reach this level.
Support Zone (Buy Area):
approximately between $3,443.840 and $3,442.
This is considered a demand zone or support level where buying interest might emerge.
The analyst expects the price to drop into this area and then reverse upward.
Entry Strategy:
The chart suggests waiting for the price to touch the support zone (blue area), and once signs of bullish reversal appear, enter a buy position.
Stop Loss (SL):
Clearly marked just below the support zone at $3,427.438.
Placing the SL here minimizes loss in case the market breaks the support and continues downward.
A minor drop into the support area.
A reversal and bullish continuation.
Targeting the all-time high near $3,500.
5. Risk-Reward Setup:
This trade appears to be structured with a favorable risk-to-reward ratio, aiming for a high return (from around $3,443 to $3,500) compared to the risk (down to $3,427).
Market Phase: The price has recently pulled back from a high and is currently showing signs of consolidation or minor retracement.
2. Chart Highlights:
Final Target (Take Profit):
Level: 3,500 USD
This is marked at the top of the chart and labeled as Final Target and also tagged as ATH (All-Time High).
The analyst anticipates that after a short-term retracement, the price will rise again and potentially reach this level.
Support Zone (Buy Area):
approximately between $3,443.840 and $3,442.
This is considered a demand zone or support level where buying interest might emerge.
The analyst expects the price to drop into this area and then reverse upward.
Entry Strategy:
The chart suggests waiting for the price to touch the support zone (blue area), and once signs of bullish reversal appear, enter a buy position.
Stop Loss (SL):
Clearly marked just below the support zone at $3,427.438.
Placing the SL here minimizes loss in case the market breaks the support and continues downward.
A minor drop into the support area.
A reversal and bullish continuation.
Targeting the all-time high near $3,500.
5. Risk-Reward Setup:
This trade appears to be structured with a favorable risk-to-reward ratio, aiming for a high return (from around $3,443 to $3,500) compared to the risk (down to $3,427).
Fed up with random trades and no progress? I drop real setups that make sense — not hype. If you're serious about growing, hop into the Telegram group and let’s build something real.
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Fed up with random trades and no progress? I drop real setups that make sense — not hype. If you're serious about growing, hop into the Telegram group and let’s build something real.
t.me/+galBMpR4FpNiOGI8
t.me/+galBMpR4FpNiOGI8
免責聲明
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。