XAU/USD Market Analysis & Signal Update
The 4-hour timeframe for Gold (XAU/USD) highlights a bullish continuation pattern as price action remains above the trendline support, with significant resistance around the $2,719.64 zone.
Signal Details:
Entry Point: Consider a buy near $2,692.00 - $2,695.00.
Take Profit (TP): Open, with an eye on key resistance levels such as $2,719.64.
Stop Loss (SL): Set at $2,664.23 to minimize risk.
Market Note: Monitor the trendline closely as a break above $2,700.00 could trigger further bullish momentum. Manage trades carefully and align with market conditions.
The 4-hour timeframe for Gold (XAU/USD) highlights a bullish continuation pattern as price action remains above the trendline support, with significant resistance around the $2,719.64 zone.
Signal Details:
Entry Point: Consider a buy near $2,692.00 - $2,695.00.
Take Profit (TP): Open, with an eye on key resistance levels such as $2,719.64.
Stop Loss (SL): Set at $2,664.23 to minimize risk.
Market Note: Monitor the trendline closely as a break above $2,700.00 could trigger further bullish momentum. Manage trades carefully and align with market conditions.
Trade closed: target reached
WOW TARGET ONE
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.