Gold (XAUUSD) is showing a potential bullish setup around the 3,338 support zone. Price has reacted strongly from this level, aligning with volume profile support and MACD momentum shift.
📈 Entry Zone: 3,338
🎯 Target: 3,408 (Approx. +70 points / +2.08%)
🚫 Stop Loss: 3,316
⚖️ Risk/Reward Ratio: 1 : 3.24
The setup suggests buyers may regain control, aiming for the 3,400–3,410 resistance zone within the coming week. However, a break below 3,316 would invalidate the bullish outlook and signal caution.
📈 Entry Zone: 3,338
🎯 Target: 3,408 (Approx. +70 points / +2.08%)
🚫 Stop Loss: 3,316
⚖️ Risk/Reward Ratio: 1 : 3.24
The setup suggests buyers may regain control, aiming for the 3,400–3,410 resistance zone within the coming week. However, a break below 3,316 would invalidate the bullish outlook and signal caution.
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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.