(XAU/USD) Buy Trade Setup – Entry, Target & Risk Management Pla

6 hari lalu

Entry Point:

3,140.34 USD
This is the suggested level to enter a long (buy) trade.


Stop Loss (SL):

3,121.66 USD
A protective level to limit losses if the trade goes against the setup.


Target Point (Take Profit - TP):

3,251.33 USD
This is the EA target point — where profits are expected to be taken.



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3. Risk/Reward Ratio:

Risk: From 3,140.34 to 3,121.66 = 18.68 points

Reward: From 3,140.34 to 3,251.33 = 110.99 points
Risk/Reward Ratio ≈ 1:6, which is very favorable.
4. Resistance Point:

Around 3,222.45 - 3,227.27
This area might act as a challenge for price movement, potentially leading to temporary retracements.
5. Indicators:
Moving Averages: Red (shorter period) and Blue (longer period) lines help indicate trends.

The price is moving above the short-term MA but currently under the long-term MA, which might suggest a short-term bullish move within a broader downtrend or sideways range.
Conclusion:

This is a bullish setup, anticipating a reversal or continuation to the upside after a pullback:

Buy Zone: 3,140.34

Stop Loss: 3,121.66

Take Profit: 3,251.33

If the price drops to the entry point zone

3 hari lalu

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