Gold has broken above key resistance near 3250 and is now approaching a potential retest zone.
If the price confirms support at this zone, we could see a continuation toward the next key level at 3340.
🧩 Setup Summary:
Break of structure (BOS) confirmed
Price above EMA cluster
Watching for bullish reaction from retest area
🎯 Target: 3340
📍 Retest zone: 3250
🔁 Plan: Wait for bullish confirmation before entry
If the price confirms support at this zone, we could see a continuation toward the next key level at 3340.
🧩 Setup Summary:
Break of structure (BOS) confirmed
Price above EMA cluster
Watching for bullish reaction from retest area
🎯 Target: 3340
📍 Retest zone: 3250
🔁 Plan: Wait for bullish confirmation before entry
Note
Updated TradingView Caption – XAUUSD IdeaGold is respecting the breakout structure above 3250 and now forming a healthy consolidation below the 3330 resistance zone.
Two potential bullish continuation scenarios are in play:
✅ Updated Setup Summary:
🔄 Break of structure (BOS) is still valid
📈 Price remains above EMA 10/20/50/100 cluster
🧠 Two possible entries based on bullish confirmation:
Breakout above 3330 → continuation to 3340/3360
Pullback to 3277 – 3250 zone → bullish rejection → buy opportunity
🎯 Targets:
First target: 3340
Extended target: 3360
📍 Retest zones:
Primary: 3277 – 3250
Secondary (aggressive): 3300 intraday zone
📋 Plan:
Wait for either a breakout confirmation or a bullish rejection from support before entering.
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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.
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.