GOLD 1H – Trendline Breakout with Retest | Bullish Setup

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1H chart of Gold (XAU/USD) shows a clear breakout above the descending trendline, followed by a successful retest of previous resistance as support. The market reacted strongly from the demand zone around 3,125, forming a bullish structure.

Key highlights:

✅ Trendline breakout confirmed

🔁 Retest of structure near 3,230 zone

🎯 Bullish target: 3,205

🧠 Anticipated minor consolidation before push upward

This setup suggests potential upside momentum. Keep an eye on price action around 3,200–3,205 for reaction or continuation.

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Trade attivo

trade active

8 ore fa

Trade chiuso: obiettivo raggiunto

Target reached successfully