Gold Analysis Bullish Breakout | Trendline & OB Setup
📈 Gold Analysis
We are currently seeing price action within a descending channel, testing key support at the M30 OB (Order Block). The price is pushing higher after bouncing off the support level, and the trendlines suggest a potential breakout to the upside.
💡 Key Levels:
Support Zone: 3326
Resistance Zone: 3342
The market is primed for a possible rally, indicated by the upward momentum and price breaking out above the trendline. Watch for confirmation as we approach the liquidity level for further bullish movement.
⚡ Trade Idea: Look for a long entry if price closes above the trendline for a continuation towards the next resistance.
We are currently seeing price action within a descending channel, testing key support at the M30 OB (Order Block). The price is pushing higher after bouncing off the support level, and the trendlines suggest a potential breakout to the upside.
💡 Key Levels:
Support Zone: 3326
Resistance Zone: 3342
The market is primed for a possible rally, indicated by the upward momentum and price breaking out above the trendline. Watch for confirmation as we approach the liquidity level for further bullish movement.
⚡ Trade Idea: Look for a long entry if price closes above the trendline for a continuation towards the next resistance.
Dagangan aktif
Gold has break the 3326 support zone along with the descending tredline with good buying momentum so we can enter t there setting out SL ( Stop Loss ) at 3320 below the wick of 30 minute candle and we can hold the the trade for maximam 100 pips the bove POI
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.
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.