Gold Trade Idea – Long Bias (Q2 Swing Setup)
Market Context:
Gold remains bullish on both the quarterly and monthly timeframes, supported by strong institutional accumulation. The current sharp retracement is viewed as a healthy pullback within a broader uptrend, offering a low-risk entry opportunity.
Technical Outlook:
Price is approaching a key Weekly Bullish Order Block (OB) around 3356, which is expected to act as a demand zone.
This OB coincides with prior structure and a likely liquidity pool beneath recent swing lows.
A bounce from this zone aligns with higher timeframe bullish structure.
🔑 Trade Parameters
Entry Price:
Ideal entry at 3360, just above the weekly order block.
Look for bullish confirmation (e.g., bullish engulfing, breaker structure, or SMT divergence vs. Silver/XAU pairs if desired).
Stop Loss:
3350 (below the OB and key liquidity threshold)
Take Profits:
TP1: 3450 – near recent structure highs / FVG fill
TP2: 3500 – psychological round number and probable premium zone
Trade Management:
Partials off at TP1, shift stop to breakeven.
Trail remaining position based on H4 market structure shifts.
Holding Period:
Hold through to Friday’s New York AM Session close to capture full week’s expansion.
✅ Trade Justification
High timeframe bias aligns (Q2 + Monthly)
Deep retracement into Weekly OB = ideal smart money entry
Clean risk:reward ratio (~1:9 for TP2)
Friday NY session close is often used by institutions to finalize weekly moves
Market Context:
Gold remains bullish on both the quarterly and monthly timeframes, supported by strong institutional accumulation. The current sharp retracement is viewed as a healthy pullback within a broader uptrend, offering a low-risk entry opportunity.
Technical Outlook:
Price is approaching a key Weekly Bullish Order Block (OB) around 3356, which is expected to act as a demand zone.
This OB coincides with prior structure and a likely liquidity pool beneath recent swing lows.
A bounce from this zone aligns with higher timeframe bullish structure.
🔑 Trade Parameters
Entry Price:
Ideal entry at 3360, just above the weekly order block.
Look for bullish confirmation (e.g., bullish engulfing, breaker structure, or SMT divergence vs. Silver/XAU pairs if desired).
Stop Loss:
3350 (below the OB and key liquidity threshold)
Take Profits:
TP1: 3450 – near recent structure highs / FVG fill
TP2: 3500 – psychological round number and probable premium zone
Trade Management:
Partials off at TP1, shift stop to breakeven.
Trail remaining position based on H4 market structure shifts.
Holding Period:
Hold through to Friday’s New York AM Session close to capture full week’s expansion.
✅ Trade Justification
High timeframe bias aligns (Q2 + Monthly)
Deep retracement into Weekly OB = ideal smart money entry
Clean risk:reward ratio (~1:9 for TP2)
Friday NY session close is often used by institutions to finalize weekly moves
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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.