XAUUSD 4-HOUR chart pattern ....

Instrument: XAU/USD (Gold Spot)
trade setup (BUY)
Entryzone : 3425
Target point : 3550

🔍 Technical Analysis Summary:

. Ascending Triangle Breakout:

Price action is forming higher lows, creating an ascending triangle.

The resistance line has been broken to the upside, indicating a bullish breakout.

A clear breakout candle is visible above the resistance line, confirming the breakout.

Target Point Calculation:

Height of triangle base: Approx. from 3,188 to 3,434 = ~246 points

Breakout level: Around 3,434

Target Projection: 3,434 + 116 = ~3,550





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⚖️ Risk to Reward Ratio:

Entry (Buy): Around 3,425

Target (TP): Around 3,550

Stop Loss (SL): Below the triangle support trendline, around 3,410

Risk: 3,425 - 3,500 = 75 points

Reward: 3,550 - 3,425 = 125 points


✅ Risk:Reward Ratio = 125 / 75 ≈ 2.15:1


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📌 Trade Summary:

Parameter Value

Pair XAU/USD
Timeframe 4H
Pattern Ascending Triangle
Bias Bullish
Entry Price ~3,425
Target Price ~3,550
Stop Loss ~3,410
Risk:Reward ~2.15:1