Gold Spot / U.S. Dollar
Long
Updated

Gold (XAU/USD) Short-Term Bullish Channel with Target at 3030

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This 15-minute chart of Gold (XAU/USD) shows a bullish breakout from a descending wedge followed by the formation of an ascending channel. The price is currently trading around $3,008.06 and is trending upward within the channel. The analysis projects a potential continuation of the bullish move toward the 3030 resistance level, as indicated by the target label. The overall sentiment appears optimistic in the short term, provided the price holds above the lower channel support.

Trade active
Trade closed: target reached

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