This is a Gold (XAU/USD) 30-minute chart, showing a bullish breakout setup. Here’s what it means:
1. Breakout Confirmation:
Price has moved above the previous range resistance.
The blue arrow suggests further upside movement.
2. Target Level:
Next resistance around 3,060 (black line).
3. Support Level:
If price retests, the previous resistance (now support) should hold for a continuation higher.
Conclusion: A breakout has occurred, and if price holds above the resistance, it may continue to 3,060.
1. Breakout Confirmation:
Price has moved above the previous range resistance.
The blue arrow suggests further upside movement.
2. Target Level:
Next resistance around 3,060 (black line).
3. Support Level:
If price retests, the previous resistance (now support) should hold for a continuation higher.
Conclusion: A breakout has occurred, and if price holds above the resistance, it may continue to 3,060.
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✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+QYl1pO28OrY0ZTU0
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.
World Best Signals Channel here 🤝
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+QYl1pO28OrY0ZTU0
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+QYl1pO28OrY0ZTU0
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.