📊 XAU/USD Technical Analysis
Gold is maintaining a strong bullish structure, with price respecting the rising trendline and forming a series of higher highs and higher lows.
🟢 Demand Zone: Price is currently pulling back toward the highlighted demand area, where buyers may step in again.
💪 Strong Support Zone: The lower green zone acts as a major support area. As long as price remains above it, the bullish structure stays intact.
📈 Trendline: The ascending trendline continues to guide the bullish move and provides dynamic support.
🚀 Bullish Scenario: If buyers defend the demand zone and price breaks above the recent high, it could trigger another strong upside move toward the marked target zones.
⚠️ Bearish Risk: A decisive break below the demand zone and rising trendline could lead to a deeper correction toward the strong support zone.
🎯 Key Idea
Hold the demand zone → reclaim the recent high → potential breakout toward new highs. 🔥📈
Gold is maintaining a strong bullish structure, with price respecting the rising trendline and forming a series of higher highs and higher lows.
🟢 Demand Zone: Price is currently pulling back toward the highlighted demand area, where buyers may step in again.
💪 Strong Support Zone: The lower green zone acts as a major support area. As long as price remains above it, the bullish structure stays intact.
📈 Trendline: The ascending trendline continues to guide the bullish move and provides dynamic support.
🚀 Bullish Scenario: If buyers defend the demand zone and price breaks above the recent high, it could trigger another strong upside move toward the marked target zones.
⚠️ Bearish Risk: A decisive break below the demand zone and rising trendline could lead to a deeper correction toward the strong support zone.
🎯 Key Idea
Hold the demand zone → reclaim the recent high → potential breakout toward new highs. 🔥📈
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t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
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.
join my telegram channel free
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
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.
