"Gold Price Action Speaks: Clean Break, Strong Target!

๐ข GOLD/USD Technical Analysis โ Bullish Momentum Ahead
Gold (XAU/USD) is currently exhibiting strong bullish momentum after breaking above a key support-turned-resistance zone near 3390, which now acts as a support area for price. A sharp rally followed by a retest of this support zone suggests potential for continuation to the target zone around 3430.
* ๐ Support Zone: 3390 โ 3380 (holding well with bullish confirmation)
* ๐ Target Zone: 3430+ (marked as potential short-term resistance)
* ๐ Price Action: Bullish breakout + retest confirms entry opportunity
* ๐ Volume: Increasing on breakout, confirming buying strength
โช๏ธOutlook:
As long as the price remains above 3390, the bias remains bullish with high probability for a move toward the 3430 zone.
๐นCommunity Insight:
If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Letโs work together to maintain a disciplined, technical approach to the markets.
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Gold (XAU/USD) is currently exhibiting strong bullish momentum after breaking above a key support-turned-resistance zone near 3390, which now acts as a support area for price. A sharp rally followed by a retest of this support zone suggests potential for continuation to the target zone around 3430.
* ๐ Support Zone: 3390 โ 3380 (holding well with bullish confirmation)
* ๐ Target Zone: 3430+ (marked as potential short-term resistance)
* ๐ Price Action: Bullish breakout + retest confirms entry opportunity
* ๐ Volume: Increasing on breakout, confirming buying strength
โช๏ธOutlook:
As long as the price remains above 3390, the bias remains bullish with high probability for a move toward the 3430 zone.
๐นCommunity Insight:
If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Letโs work together to maintain a disciplined, technical approach to the markets.
โช๏ธFollow for regular updates and trade setups.
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๐ธFREE FOREX Signals in Telegram : t.me/FxInsightsHub0
๐นJoin Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
๐FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
๐นJoin Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
๐FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.