# A swing long setup on gold

> A trader lays out why gold looks ready to bounce, and exactly where the trade dies.
- Title: A swing long setup on gold · TradingView | Shortify
- Summary: A trader lays out why gold looks ready to bounce, and exactly where the trade dies. Stack confluences before entering: higher timeframe trend, an unfilled…
- Keywords: gold, xauusd, swing trading, technical analysis, price action, business, finance, swing, long, setup, TradingView
- Source: TradingView — https://tradingview.com/chart/XAUUSD/RSTGsvCr-XAUUSD
- Published: 2026-09-12T19:59:44+00:00
- Read time: 1 min
- Topics: gold, xauusd, swing trading, technical analysis, price action, business, finance
## Gold, bullish on the big picture
Weekly and daily charts on XAUUSD both read bullish, so the higher timeframe bias favours buyers. Everything below is a hunt for an entry in that direction.

> Weekly and daily time frame overall bullish
## Sellers are running out
The 4-hour chart is still in a downtrend, but the selling pressure looks like it's fading. That divergence between trend and momentum is the opening.

> 4HR Current downtrend, however sellers seem to be fading
## An unmitigated gap sits waiting
A fair value gap formed on the 4-hour and price hasn't come back to fill it. Unfilled gaps tend to pull price in, which makes the zone a natural entry area.

> 4HR FVG formed and is unmitigated
## An order block stacks on top
Just above the gap sits a 4-hour order block. Two institutional footprints in the same pocket of price is stronger evidence than either one alone.

> giving us another confluence to look for long entries
## The double bottom confirms
A double bottom is forming at the lows, the classic sign that sellers tried twice to break lower and failed. Third confluence pointing the same way.

> A PERFECT DOUBLE BOTTOM FORMING
## Two targets, one exit
First take profit at the daily high, second at buy-side liquidity above it. Stop loss goes below the strong swing low, which is the level that invalidates the whole idea.

> TP 1 target at daily high - TP 2 target at bs liquidity - SL below strong swing low
## Key takeaway

Stack confluences before entering: higher timeframe trend, an unfilled gap, an order block, and a reversal pattern all pointing the same way.