XAU/USD (Gold) Trendline Breakout
Updated
The XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent breakout from a well-defined Trendline pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2663
2nd Support – 2689
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Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2663
2nd Support – 2689
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Trade active
take entry now
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