XAUUSD – SCALP TRADE (1H TIME FRAME) | 06 JULY 2025 - 2:30 PM GMT
On the higher time frames, XAUUSD is ranging inside a light pink channel. Zooming into the 1-hour chart, we see a change of character following a recent spike, then a sideways pullback forming a light blue channel. The current price action near the lower boundary hints at an intraday upward move toward the channel top.
This scalp trade setup offers a short-term opportunity with defined risk and moderate reward potential.
XAUUSD – SCALP TRADE (1H TIME FRAME) | 06 JULY 2025
Buy 1: 3336.60 (current price)
Buy 2: 3334.46
Target Prices:
TP1: 3343.30 TP2: 3348.80
SL (hourly close): Below 3330.50 | R:R: 1:2.3
📢 Disclaimer: Do not copy or redistribute signals without prior consent or proper credit to The Chart Alchemist (TCA).
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On the higher time frames, XAUUSD is ranging inside a light pink channel. Zooming into the 1-hour chart, we see a change of character following a recent spike, then a sideways pullback forming a light blue channel. The current price action near the lower boundary hints at an intraday upward move toward the channel top.
This scalp trade setup offers a short-term opportunity with defined risk and moderate reward potential.
XAUUSD – SCALP TRADE (1H TIME FRAME) | 06 JULY 2025
Buy 1: 3336.60 (current price)
Buy 2: 3334.46
Target Prices:
TP1: 3343.30 TP2: 3348.80
SL (hourly close): Below 3330.50 | R:R: 1:2.3
📢 Disclaimer: Do not copy or redistribute signals without prior consent or proper credit to The Chart Alchemist (TCA).
✨ Kindly support our efforts by boosting and sharing this idea!
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