Gold Spot / U.S. Dollar
Long
Updated

XAU/USD (Gold Spot vs US Dollar) on the 1D timeframe.

886
XAU/USD (Gold Spot vs US Dollar) on the 1D timeframe.

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Gold has broken above a long-term descending trendline.

Volume profile shows strong accumulation on the right-hand side.

The arrow is pointing upwards, suggesting a bullish breakout target.

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🎯 Target Point

The chart clearly marks the target zone around 3,580 – 3,600 USD.


That’s the next major resistance area after the breakout.


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⚠ Stop-Loss Idea

Below the breakout zone (~3,420 – 3,450 USD) to protect against a false breakout.



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✅ Summary

Bullish breakout of long-term downtrend.

Target: 3,580 – 3,600 USD

Stop-loss: ~3,420 – 3,450 USD
Trade active
trade active

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