Gold (XAU/USD) Intraday Buy Setup – Demand Zone Reversal with 3.

7 Apr

Timeframe: Appears to be intraday (possibly 5-15 minutes).

Indicators:

EMA 30 (red): Showing recent bearish momentum.

EMA 200 (blue): Positioned above, indicating a longer-term bearish trend.

Candlestick Pattern: After a steep drop, price shows signs of consolidation and potential reversal.

📌 Trade Setup (Long/Bullish Bias)
Entry Zone: Around $2,963.2
Price is expected to pull back into this purple demand zone before moving up.

Stop Loss (SL): $2,956.1
Placed below the support zone to limit downside risk.

Take Profit (TP / Target Point): $2,988.2
A previous supply zone near the EMA 30, where selling pressure could return.

📊 Risk-Reward Ratio
Risk: $2,963.2 - $2,956.1 = $7.1

Reward: $2,988.2 - $2,963.2 = $25

RRR (Reward-to-Risk Ratio): ~3.5:1
This is a solid ratio, suggesting a high-potential trade if the setup plays out.

📈 Bullish Scenario
Price pulls back into the demand zone (entry).

A bullish candlestick confirmation or wick rejection could trigger a buy.

Target is the previous structure + EMA zone.

8 Apr

Dagangan ditutup: sasaran tercapai

target point hit