Gold (XAU/USD) Bullish Breakout โ Trade Setup & Key Levels

๐ Key Observations:
๐น Trend Line Breakout:
๐โฌ๏ธ A downward trend line was broken, signaling a potential bullish reversal.
๐โ The price has moved above the trend line, confirming the breakout.
๐น Support & Resistance Zones:
๐ฆ Support Area: $3,000 - $3,010 (Buy Zone)
๐ฅ Resistance Area: $3,030 - $3,040 (Sell Pressure)
๐ Trade Setup:
โ Buy Plan:
๐ Wait for a pullback to the support zone (๐ฆ light blue area) before entering.
๐ฏ Target: $3,056.97 ๐๐
๐ Stop Loss: $2,999.02 โ๐จ
๐ Indicators & Confirmation:
๐ DEMA (9-period) = $3,026.48 (near the current price, suggesting a neutral-to-bullish trend).
๐ฅ Conclusion:
๐ต Bullish Setup Active ๐
โ ๏ธ Wait for price reaction at support before entering.
โ If price drops below $2,999, the setup is invalidated.
๐ Final Tip: Watch for a bullish candlestick pattern ๐ at support before executing the trade! ๐ฏ
๐น Trend Line Breakout:
๐โฌ๏ธ A downward trend line was broken, signaling a potential bullish reversal.
๐โ The price has moved above the trend line, confirming the breakout.
๐น Support & Resistance Zones:
๐ฆ Support Area: $3,000 - $3,010 (Buy Zone)
๐ฅ Resistance Area: $3,030 - $3,040 (Sell Pressure)
๐ Trade Setup:
โ Buy Plan:
๐ Wait for a pullback to the support zone (๐ฆ light blue area) before entering.
๐ฏ Target: $3,056.97 ๐๐
๐ Stop Loss: $2,999.02 โ๐จ
๐ Indicators & Confirmation:
๐ DEMA (9-period) = $3,026.48 (near the current price, suggesting a neutral-to-bullish trend).
๐ฅ Conclusion:
๐ต Bullish Setup Active ๐
โ ๏ธ Wait for price reaction at support before entering.
โ If price drops below $2,999, the setup is invalidated.
๐ Final Tip: Watch for a bullish candlestick pattern ๐ at support before executing the trade! ๐ฏ
Nota
๐ Gold (XAU/USD) 1H Chart Analysis๐น Support & Resistance Zones
๐ฆ Support Area: Around $2,999 (Price bounced from here)
๐ฅ Resistance Area: Price broke above and turned bullish
๐น Breakout Confirmation
๐ Trendline Break Broken โ ๐ Strong bullish move
โ Target Point Hit at $3,056.97 ๐ฏ
๐น Momentum & Indicators
๐ Measured Move: +48.41 points (1.61%) ๐
๐ 9-Period DEMA (3,050.15) โ Price still above ๐
โก Conclusion:
๐ฏ All Targets Hit! ๐๐ฅ
Now, watch for:
๐ Breakout above 3,056.97? (Bullish continuation)
๐ Pullback to support zones? (Possible retest)
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join my tellegram channel
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join my refferal broker
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t.me/+yhY0QtYtM0g0NWM0
join my refferal broker
one.exnesstrack.org/a/g565sj1uo7?source=app
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.