Gold FuturesLong
ASCENDING TRIANGLE IN GOLD
Gold (XAUUSD) 4-Hour Chart Analysis
Pattern: Ascending Triangle
Breakout Level: 72,250
Potential Target: 200-400+ points
Market Sentiment: Gold prices stable in India; Silver increased on MCX.
Key Indicators:
Gold is forming an ascending triangle, signaling potential bullish momentum.
A breakout above 72,250 could indicate a significant upward move.
Risk Management: Monitor closely and ensure to set stop-loss levels.
Disclaimer: This is a technical analysis and not financial advice. Please conduct your own research before trading.
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Pattern: Ascending Triangle
Breakout Level: 72,250
Potential Target: 200-400+ points
Market Sentiment: Gold prices stable in India; Silver increased on MCX.
Key Indicators:
Gold is forming an ascending triangle, signaling potential bullish momentum.
A breakout above 72,250 could indicate a significant upward move.
Risk Management: Monitor closely and ensure to set stop-loss levels.
Disclaimer: This is a technical analysis and not financial advice. Please conduct your own research before trading.
IF THIS WILL HELP YOU PLEASE LIKE THE POST ❤️
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.
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.