This is a Gold (XAU/USD) 30-minute chart, showing a bullish setup.
Key Points:
1. Uptrend Continuation
Price is trending upwards inside a rising channel.
Blue trendline indicates recent bullish momentum.
2. Resistance Target
The price is approaching $3,055.64, which is a resistance zone.
If broken, gold may push higher.
3. Previous Rejection Zone
The orange circle highlights a past rejection around this level.
A breakout above would confirm further bullish strength.
Conclusion:
Gold is in a bullish trend, targeting resistance at $3,055.64. A breakout could lead to higher prices, but rejection may cause a pullback.
Key Points:
1. Uptrend Continuation
Price is trending upwards inside a rising channel.
Blue trendline indicates recent bullish momentum.
2. Resistance Target
The price is approaching $3,055.64, which is a resistance zone.
If broken, gold may push higher.
3. Previous Rejection Zone
The orange circle highlights a past rejection around this level.
A breakout above would confirm further bullish strength.
Conclusion:
Gold is in a bullish trend, targeting resistance at $3,055.64. A breakout could lead to higher prices, but rejection may cause a pullback.
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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.