Gold is consolidating within a Triangle Pattern on the 30-minute timeframe, signaling potential volatility. A confirmed breakdown below the support level could trigger a strong bearish move toward the $2,990 target.
Key Levels:
Resistance: $3,110 - $3,147
Support: $3,098 - $3,055
Target: $2,994
Watch for a decisive breakout and volume confirmation before entering a trade. Stay cautious and manage risk accordingly!
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Key Levels:
Resistance: $3,110 - $3,147
Support: $3,098 - $3,055
Target: $2,994
Watch for a decisive breakout and volume confirmation before entering a trade. Stay cautious and manage risk accordingly!
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Trade closed: target reached
Trade Closed: +900 Pips Profit!Our short position on XAUUSD hit the target as the Triangle Pattern on, confirming the bearish move. Locked in 900+ pips profit!
Next Steps:
Monitor for reversal or continuation.
Look for new setups at key levels.
Stay updated on fundamentals.
Great trade—on to the next!
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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.
For More Help
Telegram @Josh_trading
t.me/+rTQmlGBcbsk1YjI0
Our Channel
t.me/+sx2UuhofKsE4ODY0
Telegram @Josh_trading
t.me/+rTQmlGBcbsk1YjI0
Our Channel
t.me/+sx2UuhofKsE4ODY0
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.