XAUUSD (GOLD VS US DOLLAR)
BUY at 3348 _3340
Target 3450_3500
Entry Point:
The entry is around $3,348 - $3,340, where the price has just bounced off the ascending trendline.
The price is following an uptrend, confirming bullish momentum.
Stop-Loss (SL):
A reasonable stop-loss is below the trendline, around $3,300 or slightly lower (e.g., $3,295).
This protects the trade in case the trendline fails and price reverses.
Target Point:
The target is clearly marked with the black and blue arrows going upwards.
The primary target appears to be around $3,450 - $3,500.
This zone is likely based on a previous resistance or measured move projection.
Support Levels:
$3,280 (key support near trendline).
$3,275 - $3,280 (previous swing lows shown with blue arrows).
Resistance Level / Target Zone:
$3,400 - $3,412 as the potential resistance zone.
The market is in an uptrend with higher highs and higher lows.
Price action is respecting the trendline, showing bullish continuation.
Ichimoku Cloud is also showing bullish signs (price above cloud).
A breakout above the minor consolidation could lead to a push toward the target zone
BUY at 3348 _3340
Target 3450_3500
Entry Point:
The entry is around $3,348 - $3,340, where the price has just bounced off the ascending trendline.
The price is following an uptrend, confirming bullish momentum.
Stop-Loss (SL):
A reasonable stop-loss is below the trendline, around $3,300 or slightly lower (e.g., $3,295).
This protects the trade in case the trendline fails and price reverses.
Target Point:
The target is clearly marked with the black and blue arrows going upwards.
The primary target appears to be around $3,450 - $3,500.
This zone is likely based on a previous resistance or measured move projection.
Support Levels:
$3,280 (key support near trendline).
$3,275 - $3,280 (previous swing lows shown with blue arrows).
Resistance Level / Target Zone:
$3,400 - $3,412 as the potential resistance zone.
The market is in an uptrend with higher highs and higher lows.
Price action is respecting the trendline, showing bullish continuation.
Ichimoku Cloud is also showing bullish signs (price above cloud).
A breakout above the minor consolidation could lead to a push toward the target zone
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.