Gold (XAU/USD) Technical Analysis
#### **Current Market Overview**
- **Price:** $3,092
- **Support Level:** $3,087 - $3,083
- **Resistance Level:** $3,095 - $3,100
- **Trend:** Uptrend continuation, with price holding above key EMAs
---
### **📈 Bullish Scenario**
- If the price **breaks above $3,095 - $3,100** resistance, expect further upside movement towards **$3,110 - $3,120**.
- The **rising trendline and EMA support** suggest buyers are in control.
- A strong close above resistance could trigger **momentum buying** and fuel a rally.
---https://www.tradingview.com/x/QJ8wzoly/
### **📉 Bearish Scenario**
- A **failure to break $3,100** may lead to a pullback towards **$3,087 - $3,083** support.
- If sellers push below this support zone, further downside towards **$3,076 and $3,065** is possible.
- Increased selling pressure may shift sentiment, leading to a correction.
---
### **Conclusion**
- **Above $3,095:** Bullish continuation toward higher levels.
- **Below $3,087:** Potential bearish correction before another leg up.
#### **Current Market Overview**
- **Price:** $3,092
- **Support Level:** $3,087 - $3,083
- **Resistance Level:** $3,095 - $3,100
- **Trend:** Uptrend continuation, with price holding above key EMAs
---
### **📈 Bullish Scenario**
- If the price **breaks above $3,095 - $3,100** resistance, expect further upside movement towards **$3,110 - $3,120**.
- The **rising trendline and EMA support** suggest buyers are in control.
- A strong close above resistance could trigger **momentum buying** and fuel a rally.
---https://www.tradingview.com/x/QJ8wzoly/
### **📉 Bearish Scenario**
- A **failure to break $3,100** may lead to a pullback towards **$3,087 - $3,083** support.
- If sellers push below this support zone, further downside towards **$3,076 and $3,065** is possible.
- Increased selling pressure may shift sentiment, leading to a correction.
---
### **Conclusion**
- **Above $3,095:** Bullish continuation toward higher levels.
- **Below $3,087:** Potential bearish correction before another leg up.
Trade active
🚀 **XAUUSD Hits 3106!** 🚀 Gold just reached **3106**, a strong bullish push! 📈💰 If you caught this move, well done! 🎉
### **What’s Next?**
✅ **Take Some Profits:** Secure part of your gains to protect your capital. 💵🔒
✅ **Let Some Run:** Keeping a portion open could allow for even bigger profits if the momentum holds. 📊🔥
✅ **Final Target in Sight?** Do you have a set goal? Gold’s trend is looking strong, but risk management is key. 🎯📉
Trade closed: target reached
Target Reached and hit 2027 huge gain now close all trades
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.
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.