Key Technical Levels & Setup Details
Instrument: XAUUSD (Gold / U.S. Dollar)
Timeframe: 1-hour (1H)
Bias: Bullish
Buy Zone (Demand Area): $\approx 3,900.00 - 3,905.00$
Stop Loss (SL): Placed safely below the structure around $3,885.00$
Target / Take Profit (TP): $\approx 3,945.00$
Trade Logic & Execution PlanMarket Structure:
We saw a clear MSS (Market Structure Shift) to the upside, followed by a BOS (Break of Structure), which confirms that buyers are stepping in and controlling the broader intraday momentum.
The Pullback: Price is currently pulling back into our highlighted "BUY ZONE" (an order block / demand zone region).
Execution Strategy: I am waiting for price to dip into the demand zone and print a lower-timeframe confirmation (such as a change of character or bullish engulfing candle) before entering long.
Risk Management: The trade offers a solid risk-to-reward ratio, targeting previous liquidity pools and resistance areas near the $3,945.00 handle, with a strict stop loss below the recent swing low structure.
Instrument: XAUUSD (Gold / U.S. Dollar)
Timeframe: 1-hour (1H)
Bias: Bullish
Buy Zone (Demand Area): $\approx 3,900.00 - 3,905.00$
Stop Loss (SL): Placed safely below the structure around $3,885.00$
Target / Take Profit (TP): $\approx 3,945.00$
Trade Logic & Execution PlanMarket Structure:
We saw a clear MSS (Market Structure Shift) to the upside, followed by a BOS (Break of Structure), which confirms that buyers are stepping in and controlling the broader intraday momentum.
The Pullback: Price is currently pulling back into our highlighted "BUY ZONE" (an order block / demand zone region).
Execution Strategy: I am waiting for price to dip into the demand zone and print a lower-timeframe confirmation (such as a change of character or bullish engulfing candle) before entering long.
Risk Management: The trade offers a solid risk-to-reward ratio, targeting previous liquidity pools and resistance areas near the $3,945.00 handle, with a strict stop loss below the recent swing low structure.
Trade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join My Telegram Channel Free:
t.me/+rpAk5p9v5NYwMGY0
Daily 500+ Pips Target
For more Charts and Signals Join:
t.me/+rpAk5p9v5NYwMGY0
Contact: t.me/fx_martin07
t.me/+rpAk5p9v5NYwMGY0
Daily 500+ Pips Target
For more Charts and Signals Join:
t.me/+rpAk5p9v5NYwMGY0
Contact: t.me/fx_martin07
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
