Technical Analysis of XAUUSD
🟢 Bullish Momentum Breaks Key Level
Gold (XAU/USD) has broken above a significant RBS (Resistance Become Support) zone, confirming bullish strength in the short term.
📈 Support & Resistance
- RBS Level (Support): Around 3,356
- Immediate Resistance: 3,399
- Target Zone: 3,400 And 3427
🔍 Technical Outlook
After a steady climb, gold formed a base above the RBS level, followed by a bullish breakout. Volume confirms the breakout, suggesting a potential continuation toward the target zone. Any retest of the RBS could provide a buying opportunity.
⚠️ Key Level to Watch
- If price holds above 3,356, momentum may continue.
- Breakdown below 3,350 could signal a short-term pullback.
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🟢 Bullish Momentum Breaks Key Level
Gold (XAU/USD) has broken above a significant RBS (Resistance Become Support) zone, confirming bullish strength in the short term.
📈 Support & Resistance
- RBS Level (Support): Around 3,356
- Immediate Resistance: 3,399
- Target Zone: 3,400 And 3427
🔍 Technical Outlook
After a steady climb, gold formed a base above the RBS level, followed by a bullish breakout. Volume confirms the breakout, suggesting a potential continuation toward the target zone. Any retest of the RBS could provide a buying opportunity.
⚠️ Key Level to Watch
- If price holds above 3,356, momentum may continue.
- Breakdown below 3,350 could signal a short-term pullback.
If you enjoy, press the like button.
Trade active
Note
Trade running in good profit Note
600 pips+ trade running Trade closed: target reached
price touched 3500$
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Disclaimer
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💸FREE FOREX Signals in Telegram : t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
Related publications
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.