Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in commentsđź‘Š
Price broke out from the lower wedge line and started climbing with confidence, building momentum step by step.
After bouncing off the $3215 zone, it pushed higher and touched the wedge resistance without major rejection.
The current candle formation shows signs of slowing down, hinting at a possible short-term pullback ahead.
Despite that, the structure remains bullish, and buyers are likely to defend local support if the price dips slightly.
With the breakout zones holding firm, I expect Gold to make a correction and then resume the upward path.
My target is set at $3500, where the upper wedge boundary might once again act as key resistance.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Price broke out from the lower wedge line and started climbing with confidence, building momentum step by step.
After bouncing off the $3215 zone, it pushed higher and touched the wedge resistance without major rejection.
The current candle formation shows signs of slowing down, hinting at a possible short-term pullback ahead.
Despite that, the structure remains bullish, and buyers are likely to defend local support if the price dips slightly.
With the breakout zones holding firm, I expect Gold to make a correction and then resume the upward path.
My target is set at $3500, where the upper wedge boundary might once again act as key resistance.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.
đź’Ž We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.