This is a Gold (XAU/USD) 30-minute chart, showing a bullish setup.
Key Points:
1. Uptrend Continuation
Price is trending upwards inside a rising channel.
Blue trendline indicates recent bullish momentum.
2. Resistance Target
The price is approaching $3,055.64, which is a resistance zone.
If broken, gold may push higher.
3. Previous Rejection Zone
The orange circle highlights a past rejection around this level.
A breakout above would confirm further bullish strength.
Conclusion:
Gold is in a bullish trend, targeting resistance at $3,055.64. A breakout could lead to higher prices, but rejection may cause a pullback.
Key Points:
1. Uptrend Continuation
Price is trending upwards inside a rising channel.
Blue trendline indicates recent bullish momentum.
2. Resistance Target
The price is approaching $3,055.64, which is a resistance zone.
If broken, gold may push higher.
3. Previous Rejection Zone
The orange circle highlights a past rejection around this level.
A breakout above would confirm further bullish strength.
Conclusion:
Gold is in a bullish trend, targeting resistance at $3,055.64. A breakout could lead to higher prices, but rejection may cause a pullback.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.