Technical analysis by VasilyTrader about Symbol PAXG on 12/16/2025

VasilyTrader
How to Swing Trade Breakouts in Forex Gold. Full Strategy

I'm giving you a complete, beginner-friendly trading plan to swing trade any Forex pair and Gold like a pro. No confusing indicators—just pure price action and breakouts. Get a complete breakout swing strategy with examples , an efficient price models for trading any currency pair and XAUUSD. This strategy is a t rend-following strategy. Remember, that a breakout that you identify should strictly align with the market trend. I will show you how to trade both bullish and bearish breakouts. Let's start with a bearish one. How to Swing Trade Bearish Breakouts Please, study the following model: To swing trade bearish breakouts: 1. Market trend should be bearish 2. The price should break and close below a key horizontal support and set a new lower low lower close 3. The price should retest a broken support 4. The market should start consolidating within a range Your signal to sell will be a breakout of a support of the range. It will be used as a confirmation of a violation of a key support. Your entry should be on a retest of a broken support of the range. The level of the lowest daily candle close within that will be your perfect entry level. Stop loss should lie above the highs of the range. Take profit should be the next key historic support. Examine a price action on GBPCHF forex pair on a daily time frame. The market is trading in a bearish trend and the price broke and closed below a significant horizontal support, updating the low. The price retested a broken support and started to consolidate on that. Our plan to open a swing sell trade will be the following: We will need to wait for a breakout of a support of the range on a daily candle close below that. Our entry will be a l owest daily candle close within the range. Stop loss will lie above its highs. Take profit will be the next historic support. How to Swing Trade Bullish Breakouts Now, let me explain how to trade bullish breakouts in uptrend. Study these model: To swing trade bullish breakouts: 1. Market trend should be bullish 2. The price should break and close above a key horizontal resistance and set a new higher high higher close 3. The price should retest a broken resistance 4. The market should start consolidating within a range Your signal to buy will be a breakout of a resistance of the range. It will be used as a confirmation of a violation of a key resistance. Your entry should be on a retest of a broken resistance of the range. The level of the highest daily candle close within that will be your perfect entry level. Stop loss should lie below the lows of the range. Take profit should be the next key historic resistance. See a price action on USDCAD forex pair on a daily time frame. USDCAD is trading in uptrend and successfully violated a major horizontal resistance, setting a new higher high higher close. After a retest of a broken resistance, the market started to consolidate within a horizontal range. To open a swing buy trade, we will need a bullish breakout of a resistance of the range and a daily candle close above that as a confirmation . Our entry will be on its retest . Best entry level will be highest daily candle close within the range. Stop loss is lying below the range's lows. Take profit is the next historic resistance. Many breakouts that we see in trading are in fact the traps . We use this confirmation strategy to avoid them and trade safely. It dramatically increases a win rate. A breakout that aligns with the trend is a golden mine. Such breakouts always provide very profitable trading opportunities. Trade them smart, wait for a confirmation and set a safe stop loss. Good luck in swing trading forex and gold. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.