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
---
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.
---
🎯 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.
---
⚠ Stop-Loss Idea
Below the breakout zone (~3,420 – 3,450 USD) to protect against a false breakout.
---
✅ Summary
Bullish breakout of long-term downtrend.
Target: 3,580 – 3,600 USD
Stop-loss: ~3,420 – 3,450 USD
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Forex, gold and crypto signal's with detailed analysis & get consistent results..
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Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.
t.me/forexofdollarsmagnet
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/+yJ2-qfkocRg1NDlk
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/+yJ2-qfkocRg1NDlk
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.