XAUUSD TRADE IDEA

BUY TRADE SETUP (H4)

  • Entry: 4445–4450
  • Stop Loss: 4425
  • Take Profit 1: 4465
  • Take Profit 2: 4505
  • Take Profit 3: 4570

Reasoning:

  • Strong support zone around 4444–4450 has been defended multiple times.
  • Recent candles show buyers stepping in from support.
  • Risk-to-reward favors longs while price remains above 4444.

Confirmation Entry:

  • Conservative traders can wait for an H4 close above 4465 before entering.

Invalidation:

  • H4 close below 4444 would invalidate the bullish setup and increase the probability of a move toward 4410–4380.

Bias: Bullish above 4444, targeting 4505 and potentially 4570.

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