This 15-minute Gold (XAUUSD) chart highlights key support and resistance levels. The price recently found support in the green zone and is showing a potential bullish setup towards the resistance area. The forecasted movement suggests a possible retracement before continuing upward to the resistance zone around 3030. The first take-profit level (TP1) is set at 3026, with the final target at 3030. Traders will be watching price action around these levels for potential breakout or reversal opportunities.
Note: This is not a trading signal, just my personal analysis based on current market trends.
Note: This is not a trading signal, just my personal analysis based on current market trends.
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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.