Gold (XAUUSD) 15-Minute Chart Analysis: Bullish Setup with Key S

3月31日

Gold (XAUUSD) 15-Minute Chart Analysis
Key Technical Indicators:
Current Price: $3,122.28

30 EMA (Red Line): $3,115.90 (Short-term trend indicator)

200 EMA (Blue Line): $3,081.17 (Long-term trend indicator)

Support Zone: Around $3,106.62

Target Point: $3,154.02

Analysis:
Trend:

The price is in an uptrend, as it is trading above both the 30 EMA and 200 EMA.

The 30 EMA is acting as dynamic support, showing strong buying interest at pullbacks.

Key Levels:

Support: $3,106.62 (marked in blue) is expected to hold as a key support level.

Resistance Zone (Previous Supply Area): Around $3,090-$3,100 (shaded purple) was previously a resistance zone but has now turned into support.

Target Level: $3,154.02 is the expected bullish target if the price respects the support zone.

Trade Setup:

Bullish Scenario: The price may pull back to the support zone (~$3,106.62) before bouncing higher towards the target.

Stop Loss: Below $3,106.62 to minimize risk.

Entry Point: A retest of the support area with bullish confirmation could provide an optimal entry for a long trade.

Risk Management:

Stop Loss: Set just below the support zone.

Reward-to-Risk Ratio: Favorable if targeting $3,154.02 with a stop at $3,106.62.

Conclusion:
The chart suggests a bullish outlook, with price expected to continue its upward momentum if support holds.

A breakout above $3,123 could further confirm bullish strength.

Caution: If the price breaks below $3,106, further downside movement toward the 200 EMA ($3,081.17) is possible.

4月1日

トレード終了: 利益確定目標に到達

target point hit