Gold Spot / U.S. Dollar
Long
Updated

XAUUSD(GOLD) 4 HOUR TIME FRAME ANALYSIS

242
ENTRY POINT : 3,375
TARGET 1 : 3,4OO
TARGET 2 : 3,423
SL POINT : 3,347
Bullish pennant breakout from this patter indicates continuation of the uptrend.
Supertrend indicator is bellow the price, confirming bullish sentiment.
volume contraction inside pennant suggests breakout with strong momentum.
As long as the price holds above the breakout and does not fall below the SL point the out look favours buyers. if you are trading this monitor price action near the resistance and look for high-volume candles to validate breakout strength.
Trade closed: target reached
congratulation guys our Target 1 has been successfully complete with 300+PIPS PROFIT then SL hit .
now breakeven and wait for next setup

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