Gold (XAUUSD) has broken above key resistance at 3346 and successfully retested it as support, forming a bullish structure with higher lows. This aligns with a classic breakout–retest continuation setup.
The entry is taken after confirmation of support holding, with the following levels in focus:
Entry: Around 3355
Stop Loss: Below retest zone at 3339
Targets:
TP1: 3377 (minor resistance)
TP2: 3396
Final TP: 3428–3430 supply zone
Market structure is bullish on the 1H timeframe, and momentum supports upside continuation. Trade aligned with trend and key demand zone reaction.
📌 Always manage risk. Not financial advice.
The entry is taken after confirmation of support holding, with the following levels in focus:
Entry: Around 3355
Stop Loss: Below retest zone at 3339
Targets:
TP1: 3377 (minor resistance)
TP2: 3396
Final TP: 3428–3430 supply zone
Market structure is bullish on the 1H timeframe, and momentum supports upside continuation. Trade aligned with trend and key demand zone reaction.
📌 Always manage risk. Not financial advice.
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.