#Gold has been consolidating sideways on the higher timeframes, but things are getting interesting on the 1H chart. A clean Harmonic Pattern is developing, and the final leg is almost complete.
What I’m Watching:
A breakout above the immediate resistance zone.
Once price breaks and closes above this level, it can trigger a strong upside move as the harmonic pattern completes.
My Trading Plan:
Go long only after a confirmed breakout
Wait for candle close above resistance
Follow strict risk management and avoid early entries
This setup has potential for a solid risk-to-reward if it plays out.
Let me know in the comments if you want the exact levels or chart screenshot!
What do you think—Will Gold break out or reject again?
Like, comment, and follow for live trade updates & more chart ideas!
#GOLD #XAUUSD #HarmonicPatterns #PriceAction #BreakoutTrading
#TechnicalAnalysis #Forex #Commodities #TradingSetup #SwingTrade
#DayTrading #MarketAnalysis #ChartPatterns #TraderCommunity
What I’m Watching:
A breakout above the immediate resistance zone.
Once price breaks and closes above this level, it can trigger a strong upside move as the harmonic pattern completes.
My Trading Plan:
Go long only after a confirmed breakout
Wait for candle close above resistance
Follow strict risk management and avoid early entries
This setup has potential for a solid risk-to-reward if it plays out.
Let me know in the comments if you want the exact levels or chart screenshot!
What do you think—Will Gold break out or reject again?
Like, comment, and follow for live trade updates & more chart ideas!
#GOLD #XAUUSD #HarmonicPatterns #PriceAction #BreakoutTrading
#TechnicalAnalysis #Forex #Commodities #TradingSetup #SwingTrade
#DayTrading #MarketAnalysis #ChartPatterns #TraderCommunity
Trade active
Trade is Active.Trade closed: target reached
TP Hit. 
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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.