🥇 Gold (XAUUSD) Trading Plan Update | June 10, 2026 📊
Hello everyone! Today, let's break down the Gold chart on the 1H timeframe. The overall picture shows heavy selling pressure dominating the market. The main market structure is clearly bearish right now (H1/M30/M15 structures are all pointing downwards).
However, with such a sharp drop, the price is now testing a crucial support zone. So today, we have a "bounce play" setup for you 👇
🎯 TRADING SETUP: BUY (Counter-Trend)
📌 Entry Zone: 4170 - 4180 (Wait for confirmation around support)
🛑 Stop Loss (SL): 4162.00
💰 Take Profit (TP): 4225.00
⚖️ Risk:Reward (RR): 1:1.97 (Great risk-to-reward ratio)
🔍 Technical Analysis (Why this setup?):
1️⃣ Entry: The price has hit a significant Fibonacci confluence zone (overlapping key extensions like 2.0 and 3.618). There is a high probability of a technical rebound occurring here.
2️⃣ Take Profit (TP): We are targeting the resistance formed by the Fair Value Gap (FVG) on the H1 timeframe. Price is often drawn back to these areas of imbalance to retest.
3️⃣ Stop Loss (SL): Placed safely below the Fibonacci support. If the price breaks this level, it means the sellers are in full control, and the setup is invalidated.
⚠️ Mindset & Money Management:
Please remember that this is a counter-trend setup. Risk management must be your top priority. Calculate your lot size carefully, avoid overtrading, and most importantly... always set your SL and NEVER move it!
Who's waiting to execute this plan? Let's chat in the comments! 👇 Wishing you all massive blue profits today! 💙
Hello everyone! Today, let's break down the Gold chart on the 1H timeframe. The overall picture shows heavy selling pressure dominating the market. The main market structure is clearly bearish right now (H1/M30/M15 structures are all pointing downwards).
However, with such a sharp drop, the price is now testing a crucial support zone. So today, we have a "bounce play" setup for you 👇
🎯 TRADING SETUP: BUY (Counter-Trend)
📌 Entry Zone: 4170 - 4180 (Wait for confirmation around support)
🛑 Stop Loss (SL): 4162.00
💰 Take Profit (TP): 4225.00
⚖️ Risk:Reward (RR): 1:1.97 (Great risk-to-reward ratio)
🔍 Technical Analysis (Why this setup?):
1️⃣ Entry: The price has hit a significant Fibonacci confluence zone (overlapping key extensions like 2.0 and 3.618). There is a high probability of a technical rebound occurring here.
2️⃣ Take Profit (TP): We are targeting the resistance formed by the Fair Value Gap (FVG) on the H1 timeframe. Price is often drawn back to these areas of imbalance to retest.
3️⃣ Stop Loss (SL): Placed safely below the Fibonacci support. If the price breaks this level, it means the sellers are in full control, and the setup is invalidated.
⚠️ Mindset & Money Management:
Please remember that this is a counter-trend setup. Risk management must be your top priority. Calculate your lot size carefully, avoid overtrading, and most importantly... always set your SL and NEVER move it!
Who's waiting to execute this plan? Let's chat in the comments! 👇 Wishing you all massive blue profits today! 💙
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน