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

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๐ŸŸข 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.

* ๐Ÿ“Œ Support Zone: 3390 โ€“ 3380 (holding well with bullish confirmation)
* ๐Ÿ“ˆ Target Zone: 3430+ (marked as potential short-term resistance)
* ๐Ÿ”„ Price Action: Bullish breakout + retest confirms entry opportunity
* ๐Ÿ“Š Volume: Increasing on breakout, confirming buying strength

โ–ช๏ธOutlook:

As long as the price remains above 3390, the bias remains bullish with high probability for a move toward the 3430 zone.

๐Ÿ”นCommunity Insight:

If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Letโ€™s work together to maintain a disciplined, technical approach to the markets.

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Dagangan aktif
from 3380
Nota
syot kilat
Nota
syot kilat
trade running 200 pips+
Dagangan ditutup secara manual
with some 200 pips

Penafian

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