Gold (XAUUSD) is showing signs of a potential bullish reversal after a strong bearish move. Price has tested a previous demand zone and formed a support wick — suggesting buyer interest around the $3,295 area.
We have:
Confirmed support zone
Potential bullish structure forming
Clean invalidation zone (below the wick low)
Watch for a break and retest above $3,300 for confirmation, targeting $3,328 resistance.
Bias: Bullish if support holds
Invalidation: Break below $3,290 zone
Recommendations/Bias if:
If price closes above $3,300: Buy with TP $3,328 and SL under $3,290
If price breaks below $3,290: Avoid buying, reevaluate for continuation short.
https://www.tradingview.com/x/YjplvFVQ/
We have:
Confirmed support zone
Potential bullish structure forming
Clean invalidation zone (below the wick low)
Watch for a break and retest above $3,300 for confirmation, targeting $3,328 resistance.
Bias: Bullish if support holds
Invalidation: Break below $3,290 zone
Recommendations/Bias if:
If price closes above $3,300: Buy with TP $3,328 and SL under $3,290
If price breaks below $3,290: Avoid buying, reevaluate for continuation short.
https://www.tradingview.com/x/YjplvFVQ/
Trade active
Update: Watching for a bullish break above $3,300 with confirmation. If momentum builds, expect a move toward $3,323 - $3,328. Will update after breakout or invalidation.Note
FOR FINANCIAL EDUCATION ONLY, PLEASE MANAGE RISK PROPERLY.Note
📈 Signal: Buy ✅🔹 Entry: 3295
🔹 Exit/Target Hit: 3309
🔹 Gain: +14 points
🔹 Status: 🎯 TP Hit
🔹 Symbol: 🟢💰
🔹 Confluence: Trend support held + bullish momentum
FOR UPDATES ONLY.
Note
📈 Signal: Buy ✅🔹 Entry: 3295
🔹 Exit/Target Hit: 3322
🔹 Gain: + 270 PIPS
🔹 Status: 🎯 TP Hit
🔹 Symbol: 🟢💰
🔹 Confluence: Trend support held + bullish momentum
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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.
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.