๐ Potential Bullish Reversal on Gold โ Market Structure Shift! ๐๐ข
Gold is showing signs of a trend change โ from bearish pressure to a bullish breakout. Hereโs what to watch next ๐
๐น Trendline Breakout ๐บ
Price has broken above the descending trendline, signaling a possible end to the downtrend and the start of bullish momentum. ๐ฅ
๐น New Support Forming ๐ก๏ธ
The breakout zone is expected to act as a support level. A successful retest here could be a solid entry point for buyers. ๐
๐น Reversal/Demand Zone Below ๐น
A strong demand zone sits just below. If the price dips into this area 3160, we could see fresh bullish pressure stepping in. A great place to watch for long setups! ๐
๐ฏ Target Zones:
First target: 3270
Second target: 3300
Extended target: 3335 (if bullish momentum continues) ๐๐
โ ๏ธ Reminder: Wait for confirmation and follow your risk management plan. Let the market come to you! ๐ง ๐ผ
#XAUUSD #GoldReversal #ForexSetup #MarketStructure #BullishBreakout #GoldTargets ๐ก๐๐จ
Gold is showing signs of a trend change โ from bearish pressure to a bullish breakout. Hereโs what to watch next ๐
๐น Trendline Breakout ๐บ
Price has broken above the descending trendline, signaling a possible end to the downtrend and the start of bullish momentum. ๐ฅ
๐น New Support Forming ๐ก๏ธ
The breakout zone is expected to act as a support level. A successful retest here could be a solid entry point for buyers. ๐
๐น Reversal/Demand Zone Below ๐น
A strong demand zone sits just below. If the price dips into this area 3160, we could see fresh bullish pressure stepping in. A great place to watch for long setups! ๐
๐ฏ Target Zones:
First target: 3270
Second target: 3300
Extended target: 3335 (if bullish momentum continues) ๐๐
โ ๏ธ Reminder: Wait for confirmation and follow your risk management plan. Let the market come to you! ๐ง ๐ผ
#XAUUSD #GoldReversal #ForexSetup #MarketStructure #BullishBreakout #GoldTargets ๐ก๐๐จ
Trade active
active and massive entry 60 pips blsat follow my cahrt for more updates on gold
daily chart pattern
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Trade closed: target reached
idea hit target almost 900 pips in a week end and monday asain puh up follow my chart for more updates on gold
๐ Fundamentals & Technical Insights
๐น Gold & GBP Specialists
๐ Weekly Targets: 1000-1500 Pips
โก Mastering Chart Patterns Together
๐ฐ Account management
๐ฅ Join us t.me/+T7r9lXlvJc01MTdk
๐น Gold & GBP Specialists
๐ Weekly Targets: 1000-1500 Pips
โก Mastering Chart Patterns Together
๐ฐ Account management
๐ฅ Join us t.me/+T7r9lXlvJc01MTdk
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.
๐ Fundamentals & Technical Insights
๐น Gold & GBP Specialists
๐ Weekly Targets: 1000-1500 Pips
โก Mastering Chart Patterns Together
๐ฐ Account management
๐ฅ Join us t.me/+T7r9lXlvJc01MTdk
๐น Gold & GBP Specialists
๐ Weekly Targets: 1000-1500 Pips
โก Mastering Chart Patterns Together
๐ฐ Account management
๐ฅ Join us t.me/+T7r9lXlvJc01MTdk
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.