Gold (XAU/USD) is trading within an ascending channel, indicating a bullish trend. Price recently bounced off the lower boundary of the channel and a demand zone, showing strong buyer interest. The Ichimoku cloud also suggests bullish momentum resuming. A clear breakout above the minor resistance zone aligns with the channel’s mid-line, suggesting price may continue higher. If momentum sustains, a push toward the upper resistance zone is likely. The structure indicates healthy retracement and continuation behavior, supported by institutional buying interest. As long as the channel and support zone hold, bullish continuation remains the most probable outcome in the short term.
Entry: 3330
1st Target: 3375
2nd Target: 3402
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Entry: 3330
1st Target: 3375
2nd Target: 3402
If you found this analysis helpful, don’t forget to drop a like and comment . Your support keeps quality ideas flowing—let’s grow and win together! 💪📈
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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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.
Join telegram channel free ..
t.me/GoldMan0009
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
t.me/GoldMan0009
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
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.