XAUUSD GOLD – 2H Time Frame Outlook
Gold is currently trading within a bullish zone on the 2-hour chart. After a false downside breakout, the price has regained strength and is pushing back to the buy side.
📌 Key Level to Watch:
If XAUUSD breaks above 3358 with strong momentum, this would confirm bullish continuation. In that scenario, we can expect a rally toward the next target zones at 3380 and 3400.
📌 However, be cautious:
If price faces supply pressure or rejection near the 3358–3380 zone, a pullback could occur, with the 3320 level acting as a key support.
🕵️♂️ Trading Plan:
Bullish breakout above 3358 = Buy Setup, targets: 3380 / 3400
Rejection below 3358 = Watch for pullback, support: 3320
📊 Stay patient and monitor price action around the breakout zone before entering positions.
If you like this idea if you have on Opinion about his analysis share in comments.
Gold is currently trading within a bullish zone on the 2-hour chart. After a false downside breakout, the price has regained strength and is pushing back to the buy side.
📌 Key Level to Watch:
If XAUUSD breaks above 3358 with strong momentum, this would confirm bullish continuation. In that scenario, we can expect a rally toward the next target zones at 3380 and 3400.
📌 However, be cautious:
If price faces supply pressure or rejection near the 3358–3380 zone, a pullback could occur, with the 3320 level acting as a key support.
🕵️♂️ Trading Plan:
Bullish breakout above 3358 = Buy Setup, targets: 3380 / 3400
Rejection below 3358 = Watch for pullback, support: 3320
📊 Stay patient and monitor price action around the breakout zone before entering positions.
If you like this idea if you have on Opinion about his analysis share in comments.
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✅My Free Signals
t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
t.me/Trade_With_Kb1
t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
t.me/Trade_With_Kb1
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.