XAUUSD TRADE SETUP
Pair: Gold Spot / USD
Timeframe: 2H (OANDA)
Entry Zone: 3212 (already triggered)
Support: 3267
Resistance / Target: 3368
Analysis:
Gold has successfully broken above the descending trendline, confirming a bullish reversal. After bouncing from the 3267 support zone, price action has formed a higher low, indicating buying pressure.
A strong bullish candle has broken the trendline and continued upward momentum is expected.
Trade Idea:
Entry: Already triggered at 3212
Target: 3360 – 3368
Support Zone: 3267 – watch for a potential retest before continuation
Outlook: Bullish
Pair: Gold Spot / USD
Timeframe: 2H (OANDA)
Entry Zone: 3212 (already triggered)
Support: 3267
Resistance / Target: 3368
Analysis:
Gold has successfully broken above the descending trendline, confirming a bullish reversal. After bouncing from the 3267 support zone, price action has formed a higher low, indicating buying pressure.
A strong bullish candle has broken the trendline and continued upward momentum is expected.
Trade Idea:
Entry: Already triggered at 3212
Target: 3360 – 3368
Support Zone: 3267 – watch for a potential retest before continuation
Outlook: Bullish
Trade active
fantastic hitting our target succesfull all tp doneRelated publications
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Related publications
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.