Gold 15min Breakout After Falling Wedge | Potential Upside Setup
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Description:
After forming a clear falling wedge pattern, Gold (XAU/USD) on the 15-minute chart has broken out to the upside. The breakout is supported by increasing volume and a strong bullish push. Entry was taken just after the breakout confirmation, with targets near the 3367 and 3420 zones. Risk is managed below the recent low at 3292.
This setup is purely based on technical analysis for educational purposes only. Always manage risk and follow your trading plan.
Trade active
Now buying time all trades active nowTrade closed: target reached
The market is currently moving in our favor and running in profit as expectedNote
I think this trade Hold For 12 hours 
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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.