Gold Spot / U.S. Dollar
Long
Updated

Trend Shift Alert: Is Gold Gearing Up for a Rally?

529
๐Ÿ“Š Potential Bullish Reversal on Gold โ€“ Market Structure Shift! ๐Ÿ”๐ŸŸข

Gold is showing signs of a trend change โ€“ from bearish pressure to a bullish breakout. Hereโ€™s what to watch next ๐Ÿ‘‡

๐Ÿ”น Trendline Breakout ๐Ÿ”บ
Price has broken above the descending trendline, signaling a possible end to the downtrend and the start of bullish momentum. ๐Ÿ’ฅ

๐Ÿ”น New Support Forming ๐Ÿ›ก๏ธ
The breakout zone is expected to act as a support level. A successful retest here could be a solid entry point for buyers. ๐Ÿ“ˆ

๐Ÿ”น Reversal/Demand Zone Below ๐Ÿ’น
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! ๐Ÿ”

๐ŸŽฏ Target Zones:

First target: 3270

Second target: 3300

Extended target: 3335 (if bullish momentum continues) ๐Ÿš€๐Ÿ“Š

โš ๏ธ Reminder: Wait for confirmation and follow your risk management plan. Let the market come to you! ๐Ÿง ๐Ÿ’ผ

#XAUUSD #GoldReversal #ForexSetup #MarketStructure #BullishBreakout #GoldTargets ๐ŸŸก๐Ÿ“ˆ๐Ÿšจ
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