chart for XAU/USD (gold). Key points from the chart include:
Updated
chart for XAU/USD (gold). Key points from the chart include:
1. Entry Zone Highlighted: A blue box is marked as the “ENTRY ZONE,” suggesting a potential area for initiating trades based on the strategy.
2. Trendlines and Patterns: The chart shows a breakout from a descending trendline, indicating a potential bullish move after the breakout.
3. Volume Data: At the bottom, there is volume activity that may confirm the strength of the breakout.
4. Price Levels: Important levels such as 2728.687 and 2723.912 are marked, possibly indicating resistance, support, or entry points.
1. Entry Zone Highlighted: A blue box is marked as the “ENTRY ZONE,” suggesting a potential area for initiating trades based on the strategy.
2. Trendlines and Patterns: The chart shows a breakout from a descending trendline, indicating a potential bullish move after the breakout.
3. Volume Data: At the bottom, there is volume activity that may confirm the strength of the breakout.
4. Price Levels: Important levels such as 2728.687 and 2723.912 are marked, possibly indicating resistance, support, or entry points.
Trade closed: target reached
Target Reached.
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