Gold Spot / U.S. Dollar
Long
Updated

XAU/USD (Gold) Triangle Breakout (07.02.2025)

3945
The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

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

Target Levels:
1st Resistance – 2890
2nd Resistance – 2904

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Trade active
Take entry now
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In Profit
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Trade closed: target reached
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With Good Profit
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2nd Target Reached

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