Gold (XAUUSD) remains firmly bid today, driven by geopolitical uncertainties, fueling safe-haven demand. The metal has surged from 3098 to 3114, with upside momentum suggesting further gains towards key resistance zones.
🔹 Technical Analysis:
✅ Trend Bias: Bullish 📊
✅ Key Levels:
Support: 3098 | 3085
Resistance: 3135 | 3142
✅ Indicators:
EMA: Price holding above the short-term moving averages 🔄
RSI: Bullish above 60, signaling strong momentum ⚡
ATR: Increased volatility, favoring breakout potential 📉
Market Structure: Higher highs & higher lows confirm bullish trend 📈
🎯 Trading Plan:
🔹 Entry: Buy on dips above 3114 or breakout above 3120 🚀
🔹 Targets: 3135 → 3142 → 3150 🎯
🔹 Risk Management: Stop-loss below 3098 to protect downside exposure ⛔
Gold remains in a bullish phase, and a break above 3120 could ignite further upside momentum! Stay updated & trade wisely! 🔥🚀
Trade active
🚀 XAUUSD - Target Hit! Precision Trading at Its Best! 🎯✨Gold surged as expected, smashing through 3135 → 3142 in a textbook bullish move! 📈🔥
✅ Geopolitical factors fueled safe-haven demand 🌍
✅ Technical confluence confirmed the breakout 📊
✅ Perfect execution = Profits Secured! 💰💎
📢 What’s Next? With gold’s bullish momentum intact, are we eyeing 3150+ next? Let’s keep riding the trend! 🚀💡
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.
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.