XAUUSD Market scenario,, running uptrend (Read captions)
Updated
XAUUSD Price Forecast 🔔
Gold remains in an uptrend, with key resistance at 2788. A breakout above this level could confirm targets of 2820. Support holds at 2760, and a breakdown through the moving average may trigger further selling, targeting 2739, 2718, and 2696. The 200 EMA & 50 EMA golden crossover signals a bullish outlook.
XAUUSD
Trade Setup:
Buy Entry: 2778-2760
Target 1: 2788
Target 2: 2820
Stop Loss: 2755
Trade Setup:
Sell Entry: 2778
Target 1: 2760
Target 2: 2739
Target 3: 2718
Target 4: 2696
Stop Loss: 2792
Gold remains in an uptrend, with key resistance at 2788. A breakout above this level could confirm targets of 2820. Support holds at 2760, and a breakdown through the moving average may trigger further selling, targeting 2739, 2718, and 2696. The 200 EMA & 50 EMA golden crossover signals a bullish outlook.
XAUUSD Trade Setup:
Buy Entry: 2778-2760
Target 1: 2788
Target 2: 2820
Stop Loss: 2755
Trade Setup:
Sell Entry: 2778
Target 1: 2760
Target 2: 2739
Target 3: 2718
Target 4: 2696
Stop Loss: 2792
Trade active
Market Update:
Trendline Breakdown: The market has broken down below the trendline with a strong bearish candle, resulting in a solid 200+ pips profit already locked in! 📉🔥
Upcoming Retracement: Now, the price appears to be retracing back to the trendline zone. Keep an eye on this area, as it could offer potential re-entry opportunities or confirmation for further moves.
Stay alert and manage positions accordingly!
📱Join Telegram Channels Free.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/ProfitsVelocity
Gold signals with proper TP and SL for high-profit opportunities.
t.me/TrendLogic1
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/ProfitsVelocity
Gold signals with proper TP and SL for high-profit opportunities.
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.