Ms_Jackline

Ms_Jackline

The price appears to be attempting a breakout from a consolidation zone, suggesting a potential bullish momentum. If the price breaks and holds above 1.33346, it could aim for the second target at 1.33967. 1. Current Market Structure The pair is recovering from a significant downtrend, as seen from the lower lows and lower highs leading up to the...

Ms_Jackline Updated 

1. Market Structure and Trend: The overall structure shows a ranging market between the 106,000 resistance and 102,000 support. After a clear break of the descending channel, the price briefly rallied but failed to sustain above key resistance. 2. Key Patterns Identified: Descending Channel Breakout: The breakout around May 15th was followed by a strong...

Ms_Jackline Updated 

1H chart of Gold (XAU/USD) shows a clear breakout above the descending trendline, followed by a successful retest of previous resistance as support. The market reacted strongly from the demand zone around 3,125, forming a bullish structure. Key highlights: ✅ Trendline breakout confirmed 🔁 Retest of structure near 3,230 zone 🎯 Bullish target: 3,205 🧠...