Gold Spot / U.S. Dollar (XAU/USD)
Timeframe: 15 minutes
Current Price: 3,394.00 USD
Trend: Clearly bullish (price is in an upward channel, marked by blue shaded zones).
Key Observations:
1. Uptrend Channel:
Price is moving inside an ascending channel (parallel blue regions).
Higher highs and higher lows are being formed.
2. Trendline Support:
A black upward trendline is drawn, and price action has been respecting it well.
3. Resistance Zone:
A red resistance zone is marked just above 3,400 USD.
This is where sellers may step in, making it a critical decision area.
4. Projection/Plan:
The black arrows show two possible paths:
Timeframe: 15 minutes
Current Price: 3,394.00 USD
Trend: Clearly bullish (price is in an upward channel, marked by blue shaded zones).
Key Observations:
1. Uptrend Channel:
Price is moving inside an ascending channel (parallel blue regions).
Higher highs and higher lows are being formed.
2. Trendline Support:
A black upward trendline is drawn, and price action has been respecting it well.
3. Resistance Zone:
A red resistance zone is marked just above 3,400 USD.
This is where sellers may step in, making it a critical decision area.
4. Projection/Plan:
The black arrows show two possible paths:
Trade closed: target reached
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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.
🆓FREE FREE GOLD & CRYPTO SIGNALS✅
t.me/+v5m1fJKkyZkwOTFk
✅FOREX AND GOLD/XAUUSD SIGNALS 🔥
✅98% accurate signals
✅3-5 signals daily 🔥
✅Join us on telegram
t.me/+v5m1fJKkyZkwOTFk
t.me/+v5m1fJKkyZkwOTFk
✅FOREX AND GOLD/XAUUSD SIGNALS 🔥
✅98% accurate signals
✅3-5 signals daily 🔥
✅Join us on telegram
t.me/+v5m1fJKkyZkwOTFk
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.