XAU/USD.. Bullish chart pattern.

1 201
My analyzing the XAU/USD (Gold vs. US Dollar) on a 1-hour chart. Let's break down the information visible and provide both target and distraction (likely risks or invalidation points) based on my chart.


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🔍 Chart Summary

Current Price: ~3,391.180

Chart Type: TradingView 1-hour timeframe

Indicators: Ichimoku Cloud, BOS (Break of Structure), CHoCH (Change of Character)

Targets Labeled:

Target Point 1: ~3,400.000

Target Point 2: ~3,440.000


Support Zone: Around 3,325.900 - 3,340.000 (boxed area + cloud support)



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🎯 Target Analysis

1. Short-Term Target: 3,400.000

This is a minor resistance level based on recent structure.

A likely take-profit area for scalpers or short-term traders.



2. Mid-Term Target: 3,440.000

This level is likely based on a full bullish continuation of the breakout pattern.

Considered if price breaks above 3,400 with strong volume/momentum.





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⚠ Distraction / Risk Zones

1. Support Re-test Zone (Boxed Area): 3,325.900 – 3,340.000

If price breaks below this, it could invalidate the bullish setup.

Watch for false breakouts or liquidity grabs here.



2. Ichimoku Cloud (Below 3,320.000):

A breakdown into or below the cloud can signal a bearish shift.

Confirmation of trend reversal if price closes below the cloud.





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✅ Strategy Summary

Aspect Level Note

Entry Zone 3,340 - 3,360 Near support zone
Target 1 3,400.000 Short-term goal
Target 2 3,440.000 Mid-term bullish breakout
Invalidation < 3,325.900 Consider exiting long trades
Risk Indicator Ichimoku Cloud Watch for bearish signals
Operación activa
trade active
Operación cerrada: objetivo alcanzado
1st target done close trade

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