This chart of XAU/USD on the 2-hour timeframe shows a strong bullish trend, characterized by break-of-structure (BOS) confirmations and accumulation phases. The price previously found support in an order block, leading to a breakout above key resistance levels. The market has continued to make higher highs, with multiple accumulations fueling the uptrend.
Currently, gold is trading around 3,143 and appears to be targeting the 3,160–3,180 zone. A potential pullback or consolidation may occur before the next leg higher. The bullish momentum remains intact unless a strong reversal signal appears.
TP1: 3,160 (short-term target)
TP2: 3,180 (next resistance zone)
TP3: 3,200+ (if momentum continues)
Watch for a possible pullback before continuation, but as long as the structure holds, the trend remains bullish.
Currently, gold is trading around 3,143 and appears to be targeting the 3,160–3,180 zone. A potential pullback or consolidation may occur before the next leg higher. The bullish momentum remains intact unless a strong reversal signal appears.
TP1: 3,160 (short-term target)
TP2: 3,180 (next resistance zone)
TP3: 3,200+ (if momentum continues)
Watch for a possible pullback before continuation, but as long as the structure holds, the trend remains bullish.
👉JOIN MY TELEGRAM:
Free Signals And Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals And Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.
👉JOIN MY TELEGRAM:
Free Signals And Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals And Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.