XAU/USD - H1 Chart - Trendline Breakout (27.03.2025)

The XAU/USD pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.

Target Levels:
1st Resistance – 3051
2nd Resistance – 3065

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Trade active

Taken

Note

Trade closed: target reached

Note

The dollar's value was unstable because traders were unsure about the impact of new tariffs that President Trump planned to announce.

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