GOLD (XAU/USD) Bullish Reversal from Key Demand Zone
Gold (XAU/USD) has shown a strong rejection from the 3,027-3,024 demand zone, confirming a bullish reversal. Price has formed a higher low and is now pushing upwards with increasing momentum.
• Entry Zone: 3,027 - 3,032 (Confirmed demand zone)
• Target 1: 3,050
• Target 2: 3,060 - 3,070 (Potential breakout level)
• Stop Loss: Below 3,024 (Invalidation point)
A breakout above 3,050 could open doors for further upside, while a rejection at resistance may offer retracement opportunities. Watch volume confirmation for stronger moves.
• Entry Zone: 3,027 - 3,032 (Confirmed demand zone)
• Target 1: 3,050
• Target 2: 3,060 - 3,070 (Potential breakout level)
• Stop Loss: Below 3,024 (Invalidation point)
A breakout above 3,050 could open doors for further upside, while a rejection at resistance may offer retracement opportunities. Watch volume confirmation for stronger moves.
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🚀The market speaks, I just listen and trade accordingly. 🎯
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.
📊Hidden trades, open profits. Are you in? 💰 Can you find them? 🔍
🚀The market speaks, I just listen and trade accordingly. 🎯
🚀The market speaks, I just listen and trade accordingly. 🎯
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.