XAUUSD is currently holding a clean bullish market structure. Price has completed a pullback toward a previous reaction zone, where buyers have shown interest before. If the structure remains intact, the market may continue moving upward after stabilizing above the highlighted support region.
The chart shows:
A clear sequence of higher highs and higher lows
A corrective move approaching the support area
A potential continuation path toward the upper zone if momentum strengthens
This is a technical observation only, based strictly on structure and levels shown on the chart.
The chart shows:
A clear sequence of higher highs and higher lows
A corrective move approaching the support area
A potential continuation path toward the upper zone if momentum strengthens
This is a technical observation only, based strictly on structure and levels shown on the chart.
Trade active
any updateTrade closed: target reached
trade half closed
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.
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.