This is a price chart from TradingView showing the 2-hour timeframe for CFDs on Gold (US$/OZ). The chart includes key trading elements:
1. Price Levels:
Current price: 3,115.440
Target price: 3,145.806 (highlighted in green)
Support/resistance levels: 3,083.567 and 3,057.318 (red area indicating stop-loss or past resistance)
2. Technical Analysis:
A black trendline shows an upward movement.
Red boxes mark previous resistance and support zones.
A gray arrow highlights a breakout from a consolidation area.
The blue zigzag line represents the anticipated price movement towards the target.
3. Trade Setup:
The green shaded region represents a profit-taking zone.
The red shaded region suggests a stop-loss area to manage risk.
The analysis implies a bullish outlook for gold, expecting further upward movement towards 3,145.806, with possible minor pullbacks along the way.
1. Price Levels:
Current price: 3,115.440
Target price: 3,145.806 (highlighted in green)
Support/resistance levels: 3,083.567 and 3,057.318 (red area indicating stop-loss or past resistance)
2. Technical Analysis:
A black trendline shows an upward movement.
Red boxes mark previous resistance and support zones.
A gray arrow highlights a breakout from a consolidation area.
The blue zigzag line represents the anticipated price movement towards the target.
3. Trade Setup:
The green shaded region represents a profit-taking zone.
The red shaded region suggests a stop-loss area to manage risk.
The analysis implies a bullish outlook for gold, expecting further upward movement towards 3,145.806, with possible minor pullbacks along the way.
Trade closed: target reached
GOLD Target successfully reached. 
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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.
XAUUSD GOLD + BTCUSD Daily 6-7 Free Signals📊🚀
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
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.