Gold (XAUUSD) has successfully broken out of the converging triangle pattern, showing strong bullish momentum. Price action confirmed multiple BOS (Break of Structure) points, followed by a clean breakout rally toward the $3,470+ zone.
Currently, price is consolidating near the highs. If buyers fail to hold this level, we may see a healthy pullback into the support zone at $3,420 – $3,400. A deeper correction could retest the major support level near $3,320 before continuing the bullish trend.
📊 Key Technicals:
Pattern: Converging Triangle ✅
Breakout: Confirmed with BOS
Immediate Support Zone: $3,420 – $3,400
Major Support Level: $3,320
Upside target (if bullish momentum continues): $3,500+
Watch for a retest of the broken resistance (now acting as support).
Possible dip-buying opportunities around support zones.
Bullish bias remains valid as long as $3,320 support holds
Risk Mange has Properly
Currently, price is consolidating near the highs. If buyers fail to hold this level, we may see a healthy pullback into the support zone at $3,420 – $3,400. A deeper correction could retest the major support level near $3,320 before continuing the bullish trend.
📊 Key Technicals:
Pattern: Converging Triangle ✅
Breakout: Confirmed with BOS
Immediate Support Zone: $3,420 – $3,400
Major Support Level: $3,320
Upside target (if bullish momentum continues): $3,500+
Watch for a retest of the broken resistance (now acting as support).
Possible dip-buying opportunities around support zones.
Bullish bias remains valid as long as $3,320 support holds
Risk Mange has Properly
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Trade has been active ; RISK MANGE HAS PROPERLY
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$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.