CFDs on Gold (US$ / OZ)
Long
Updated

GOLD 1H – Trendline Breakout with Retest | Bullish Setup

1 266
1H chart of Gold (XAU/USD) shows a clear breakout above the descending trendline, followed by a successful retest of previous resistance as support. The market reacted strongly from the demand zone around 3,125, forming a bullish structure.

Key highlights:

✅ Trendline breakout confirmed

🔁 Retest of structure near 3,230 zone

🎯 Bullish target: 3,205

🧠 Anticipated minor consolidation before push upward

This setup suggests potential upside momentum. Keep an eye on price action around 3,200–3,205 for reaction or continuation.










Trade active
snapshot trade active
Trade closed: target reached
snapshot Target reached successfully

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