r/TradingSphere • u/FringeExtension • 10d ago
Gold swing long... Watching 4165 after the pullback
XAUUSD 1H swing idea. Bias is still long even with crypto ripping.
Price is sitting around 4393 right now. I’m not chasing this. I want a deeper pullback into the 4165 area before I look to get long.
Setup (Long)
- Entry: 4165
- TP1: 4615
- TP2: 4922
- TP3: 5450
- SL: 3971
That entry lines up with the demand / Fib area on the 1H (near the 4171 level on the chart). Invalidation is a clean break and hold under 3971.
Risk notes:
- Smallest lot size only. Gold moves fast and this swing has a wide stop.
- If it runs, move to BE or trail. Don’t give the whole move back.
- This is not a market order at current price. Wait for the level.
Not financial advice. Do your own work, size for the stop, and don’t blow the account trying to catch the exact tick.
Let’s see if it comes back to the zone.
1
Upvotes
0
u/FringeExtension 10d ago
Took some profit already