Chart Type: 1-hour chart for Gold (XAU/USD)
What it shows:
Price was falling (yellow arrow) and hit a support zone (green area).
At support, the price reversed and started rising.
Now, the price is forming a triangle pattern (blue lines).
If it breaks above the triangle, the price may go up toward the resistance zone (red area at the top).
Target price: Around 3,251.820 if it breaks up.
Key Zones:
🔻 Resistance zone: Around 3,320–3,340 (supply area where price may face selling).
🔺 Support zone: Around 3,140–3,160 (demand area where price found buyers).
What it shows:
Price was falling (yellow arrow) and hit a support zone (green area).
At support, the price reversed and started rising.
Now, the price is forming a triangle pattern (blue lines).
If it breaks above the triangle, the price may go up toward the resistance zone (red area at the top).
Target price: Around 3,251.820 if it breaks up.
Key Zones:
🔻 Resistance zone: Around 3,320–3,340 (supply area where price may face selling).
🔺 Support zone: Around 3,140–3,160 (demand area where price found buyers).
Trade active
Breakout Entry Level (Approx): ~$3,140Current Price: ~$3,233
Target Zone: ~$3,300–$3,340
Achieved: ✅ ~$93 move (out of ~$160 potential target) → ~60% of the target achieved
Note
Entry: 3,140Current: 3,233
Pips: +500
Target: 3,330
SL: Below 3,172
Status: Running — bullish breakout,
World Best Signals Channel here 🤝
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+YR37dVM2NG44YTZk
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+YR37dVM2NG44YTZk
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.
World Best Signals Channel here 🤝
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+YR37dVM2NG44YTZk
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+YR37dVM2NG44YTZk
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.