Gold Spot / U.S. Dollar
Short
Updated

XAU/USD (Gold) Trendline Breakout (21.02.2025)

12172
The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.

Target Levels:
1st Support – 2904
2nd Support – 2880

🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !

Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.

Best Regards, KABHI_TA_TRADING
Thank you.
Trade active
Take Entry now
Note
The U.S. dollar rose against a broad range of currencies on Friday including the euro, sterling and those tied to commodities such as the Australian dollar, as investors consolidated positions ahead of the weekend, looked to more inflation data next week and kept an eye on tariff headlines.

XAU/USD - In Profit - Hold It 👈👈
Note
The dollar advanced against major currencies, Gold and Silver prices eased as investors booked profits from the previous session's record high.
Trade closed: target reached
snapshot

with Good Profit
Note
The U.S. dollar got stronger because Treasury yields (interest rates on government bonds) went up. This happened as people were thinking about possible changes in trade policies and the economy under President Trump.
Note
Now our 2nd Target Reached

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.