Gold (XAU)
Long

Gold (XAU/USD) on a 45-minute Chart Pattern

77
This chart is a technical analysis of Gold (XAU/USD) on a 45-minute timeframe using TradingView, as of July 14, 2025. It includes indicators, price action patterns, trend channels, and annotated trading levels.


---

🔍 1. Chart Overview

Asset: Gold (XAU/USD)

Timeframe: 45-minute

Current Price: ~$3,357.43

Trend Bias: Bullish in the short term (current price is rising within an ascending channel)



---

📈 2. Trend & Price Action

✅ Uptrend Formation

The chart shows a downtrend reversal around July 9, with the price forming a V-shaped recovery.

The breakout from the descending channel around July 9 marks the reversal confirmation.

Price is now trading in an ascending parallel channel, indicating a bullish trend.


✅ Entry Point

The ENTRY POINT is marked at ~3,357.36.

This was identified after a strong breakout and retest of the ascending channel support.


❗ Stop Loss

Stop Loss: Placed at ~3,342.91, just below the lower bound of the ascending channel.

It’s a reasonable level to cut losses if the price drops below key support.



---

🎯 3. Take Profit Levels

There are two take profit (TP) levels:

Target Level Notes

TP1 3,379.25 Conservative target within channel
TP2 3,399.39 Aggressive target at channel top


Both are logical based on channel projection and recent highs.


---

📊 4. Indicators & Volume

📉 Aroon Indicator (bottom pane)

Aroon Up (blue): ~14%

Aroon Down (orange): ~57%


This shows recent bullish strength is weakening, but no strong trend reversal yet.

🔊 Volume

Steady volume, no sharp spikes indicating overbought conditions.

Volume increased slightly on the breakout, confirming the strength of the bullish move.



---

📐 5. Patterns and Tools

Falling Channel: Broken upward, which often indicates a bullish reversal.

Rising Channel (current): Being respected; price is climbing within this channel.

Support & Resistance: Well-defined entry, SL, and TP levels.

Highlight Circles: Emphasize key turning points and breakout zones.



---

🧠 6. Strategy Summary

🟩 Bullish Setup

Entry: Taken after breakout and confirmation.

Stop Loss: Strategically placed to minimize risk.

Profit Targets: Allow scaling out based on risk tolerance.



---

⚠ 7. Risks & Considerations

The Aroon indicator shows fading bullish momentum.

If price breaks below the lower ascending channel line, consider exiting or re-evaluating.

Watch for volume spikes or reversal candles near the TP zones.



---

✅ Conclusion

This chart suggests a well-structured long (buy) trade based on:

Technical breakout

Channel formation

Defined entry/exit points


As long as price remains above ~3,343, the bullish outlook is valid. Be cautious around resistance levels (~3,379 and ~3,399), and adjust SL or TP dynamically if volatility increases.

Let me know if you want a trade plan or risk-reward ratio breakdown.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.