🟢 Chart Instrument
Symbol: CFDs on Gold (US$/OZ) – XAU/USD
Timeframe: 4H (4-hour candles)
Platform: TradingView
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📐 Harmonic Pattern
The chart displays a Bearish Gartley pattern, typically identified by the labeled points X-A-B-C-D.
This pattern suggests a potential reversal from point D downward.
Fibonacci ratios are visible:
AB = 0.618 retracement of XA
BC = 0.886 retracement of AB
CD = 1.27–1.618 extension of BC
Pattern completes at point D (where the short trade is suggested).
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📉 Trade Setup (Short/Sell Bias)
Entry Zone: Around 3,415 – 3,520 USD (highlighted red zone)
Target Zone: Near 3,135 USD (marked “TARGET”)
Stop Loss Zone: Above 3,520 USD (indicated in red box)
Expected Movement: Sharp drop from resistance area to target support zone.
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🧱 Support Zones
Two key support levels are marked:
1. First target zone at ~3,135
2. Broader support range: 3,000 – 3,080
These support levels are likely areas where price could reverse or consolidate after falling.
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📆 Timeframe Focus
The projection extends toward Wednesday, June 25, suggesting this is a medium-term swing setup over the coming 1–2 weeks.
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✅ Summary
Pattern Type: Bearish Gartley
Action Plan: Wait for price to hit entry zone (point D), then short with target at 3,135.
Risk/Reward: Clearly defined with stop-loss and target zones
Symbol: CFDs on Gold (US$/OZ) – XAU/USD
Timeframe: 4H (4-hour candles)
Platform: TradingView
---
📐 Harmonic Pattern
The chart displays a Bearish Gartley pattern, typically identified by the labeled points X-A-B-C-D.
This pattern suggests a potential reversal from point D downward.
Fibonacci ratios are visible:
AB = 0.618 retracement of XA
BC = 0.886 retracement of AB
CD = 1.27–1.618 extension of BC
Pattern completes at point D (where the short trade is suggested).
---
📉 Trade Setup (Short/Sell Bias)
Entry Zone: Around 3,415 – 3,520 USD (highlighted red zone)
Target Zone: Near 3,135 USD (marked “TARGET”)
Stop Loss Zone: Above 3,520 USD (indicated in red box)
Expected Movement: Sharp drop from resistance area to target support zone.
---
🧱 Support Zones
Two key support levels are marked:
1. First target zone at ~3,135
2. Broader support range: 3,000 – 3,080
These support levels are likely areas where price could reverse or consolidate after falling.
---
📆 Timeframe Focus
The projection extends toward Wednesday, June 25, suggesting this is a medium-term swing setup over the coming 1–2 weeks.
---
✅ Summary
Pattern Type: Bearish Gartley
Action Plan: Wait for price to hit entry zone (point D), then short with target at 3,135.
Risk/Reward: Clearly defined with stop-loss and target zones
Trade attivo
350 pips runing we wait for more
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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.
Free Accurate GOLD Signals Quality Education 🎓Quality Analysis 🔥🔥High Impact News Livetrades Accuracy 💯💯 All FREE!
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.