Gold Trade Setup: Breakout Above 2873 for Buy

15 ore fa

https://www.tradingview.com/x/EPPQ3EDC/### **📉📈 Gold (XAU/USD) Trade Analysis**

#### **📊 Current Market Situation:**
- **Gold Price:** **2867**
- **Trend Bias:** **Uptrend (confirmed if 2873 breaks)**
- **EMA50 Direction:** **Bullish, indicating buying pressure**

---

### **✅ Bullish Scenario (Buy Setup)**
**🔹 Condition:** If **2873 resistance** is broken, the uptrend is confirmed.
**🔹 Trade Setup:**
- **Buy Entry:** Above **2873**
- **Take Profit (TP):** **2885**
- **Stop Loss (SL):** Below **2860**

**📌 Explanation:**
- **2873 is a resistance level**—if price **breaks above**, it confirms that buyers are strong.
- **EMA50 is aligned with the uptrend**, supporting a bullish move.
- **TP is set at 2885**, a reasonable target based on momentum.

---

### **❌ Bearish Scenario (Sell Setup)**
**🔹 Condition:** If **price drops below 2857**, selling pressure increases.
**🔹 Trade Setup:**
- **Sell Entry:** After breaking **2858**
- **Take Profit (TP):** **Lower targets based on price action**
- **Stop Loss (SL):** Above **2865**

**📌 Explanation:**
- **2857 is a support level**—if price **breaks below**, it signals that sellers are taking control.
- A **break below 2858** confirms a bearish move.
- **EMA50 trend must shift** to confirm further downside movement.

---

### **📌 Risk Management & Trade Execution**
- **Follow the breakout confirmation** (don’t enter too early).
- **Adjust SL & TP based on volatility** (gold is highly volatile).
- **Use proper lot sizing** to manage risk effectively.

📊 **Monitor these key levels and let the price dictate the trade!** 🚀🔥

10 ore fa

Trade attivo

**🎉 Gold Soars from 2873 to 2882 – TP2 Hit! 🚀🔥**

✅ **TP2 Successfully Reached** with a **90+ pips** profit!

🔹 **Entry:** 2873 Breakout
🔹 **TP1:** ✅ Hit
🔹 **TP2:** ✅ Reached at 2882 (+90 pips)
🔹 **Next Target:** **TP3 in sight!**

📊 **Trade Management:**
- **Close half** of your position to secure profits.
- **Move stop-loss to breakeven** to protect gains.
- **If momentum continues, ride it toward TP3!**

👏 **Great trade execution! Let’s keep winning! 🚀🔥**

10 ore fa

Trade chiuso: obiettivo raggiunto

**🎯 Gold TP3 Target: 2887 – Final Stretch! 🚀🔥**

Gold is flying, with **TP2 already hit at 2882 (+90 pips)** and now approaching the **final TP3 at 2887**!

🔹 **Entry:** 2873 Breakout
🔹 **TP1:** ✅ Hit
🔹 **TP2:** ✅ Reached (2882, +90 pips)
🔹 **TP3:** **Final Target – 2887 in sight!**

📊 **Trade Management:**
✅ **Option 1:** Secure partial profits **(close half your position now)**
✅ **Option 2:** **Move SL to breakeven** and let the trade run to 2887

👏 **Final push! Manage risk and lock in profits—congratulations to all traders! 🚀🔥**

9 ore fa

Nota

**🎉 GOLD TP3 HIT – ALL TARGETS REACHED! 🚀🔥**

Gold has successfully hit **2887**, completing all target levels and locking in **huge profits** for traders!

🔹 **Trade Recap:**
✅ **Entry at 2873**
✅ **TP1 Achieved**
✅ **TP2 Reached (2882, +90 pips)**
✅ **TP3 Final Target Hit at 2887 (+110 pips total!)**

📊 **Next Steps:**
- **Secure all profits** and close positions.
- **Or trail stop-loss** if holding for further upside.

**Amazing execution! Congratulations to all traders—onto the next opportunity! 🚀🔥**