Gold 15-Minute Time Frame – Breakout of Trendline
Gold has broken out of a key trendline on the 15-minute chart, and I'm closely watching the next resistance level in the pink zone. If we get a confirmed breakout above this resistance, my next target is the higher pink zone, which I've identified as the next significant resistance level.
Strategy: If the price reaches this upper pink zone, I’ll consider reducing or closing my position to lock in profits.
Strategy: If the price reaches this upper pink zone, I’ll consider reducing or closing my position to lock in profits.
WiVERIDERS
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WiVERIDERS
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.