CFDs on Gold (US$ / OZ)
Long
Updated

GOLD LONG TRADE ANALYSIS:here are key levels.

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Here are the key support, resistance, and target price levels:

## 📊 Key Price Levels

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### **Support/Entry Zone**
The analysis suggests an optimal **Entry Zone** which acts as a near-term support level.

*Entry Zone:* Around 4,1180 to 4,175



### Resistance/Target Price Levels
The chart highlights two distinct zones of resistance that are also marked as **Take Profit (TP)** targets.

Resistance 1 / TP1: This is the lower resistance zone, currently around 4,200 to 4,250.
Resistance 2 / TP2: This is the higher, ultimate resistance target zone, currently around 4,360 to 4,400.



### **Pattern**
The price action since late October appears to be moving within an **ascending channel** (indicated by the dashed blue lines), which suggests a bullish bias as long as the price remains within or above the channel's lower boundary. The current price action shows a move up from the lower boundary towards the Resistance 1/TP1 zone.

Would you like me to analyze the volume data shown at the bottom of the chart, or find the current price of Gold (XAU/USD)?
Trade active
Our trade is flying on the way.Touched resistance 1/first TP1 snapshot
Note
Our first TP instantly done already guys.Now close all or set breakeven to half trade guys. snapshot

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