W breakout and retest in Gold

Aug 15

• Price has reclaimed the VWAP after a rebound from the red MA (likely 200 EMA), showing intraday strength.
• The horizontal zone around 3340 is acting as a support retest zone.
• Volume spikes on upward candles indicate buyers stepping in.

Buy Plan (Swing / Non-Scalp):
• Entry: 3341–3343 (current retest zone)
• Stop Loss: 3336 (below 200 EMA & recent swing low)
• Target 1: 3349
• Target 2: 3354–3356
• Target 3: 3362 (if momentum continues and news flow supports gold)

Reasoning: You’d be playing the bounce continuation from VWAP and 200 EMA support, with tight risk in case of breakdown.

Aug 15

Trade closed: stop reached

Loss Booked 0.16%