Gold (XAU) buy trade setup:
Trade Setup
Direction: Buy
Entry: 3386
1st Target: 3435
2nd Target: 3500
Stop Loss: Not provided (highly recommended to define this)
Potential Profit
To 1st Target: 3435 - 3386 = 490 points
To 2nd Target: 3500 - 3386 = 1140 points
Recommendation
🔺 Without a stop loss, the risk/reward profile can’t be fully evaluated. Please specify your stop loss to assess trade viability.
🛡️ Suggested Stop Loss (example): If you use 3340, then:
Risk = 3386 - 3340 = 46 points
RR to 1st Target = 49 / 46 ≈ 1.06
RR to 2nd Target = 114 / 46 ≈ 2.48
Would you like help setting an optimal stop loss based on volatility or recent support levels? I can also provide a visual chart analysis if needed.
Trade Setup
Direction: Buy
Entry: 3386
1st Target: 3435
2nd Target: 3500
Stop Loss: Not provided (highly recommended to define this)
Potential Profit
To 1st Target: 3435 - 3386 = 490 points
To 2nd Target: 3500 - 3386 = 1140 points
Recommendation
🔺 Without a stop loss, the risk/reward profile can’t be fully evaluated. Please specify your stop loss to assess trade viability.
🛡️ Suggested Stop Loss (example): If you use 3340, then:
Risk = 3386 - 3340 = 46 points
RR to 1st Target = 49 / 46 ≈ 1.06
RR to 2nd Target = 114 / 46 ≈ 2.48
Would you like help setting an optimal stop loss based on volatility or recent support levels? I can also provide a visual chart analysis if needed.
Trade active
trade activeNote
gold target 1st hit almost 500 pips running profit
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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.
Related publications
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.