Gold 4H Bullish Breakout Setup – Targeting 3438 Zone

9 giu

This 4-hour chart shows a bullish setup for gold (XAU/USD). Key elements include:

CHoCH (Change of Character): Indicates a shift from bearish to bullish structure.
Break of Structure (BoS): Confirming bullish momentum.
Support Trendline & Order Block: Price is reacting to a confluence of support, suggesting a possible rebound.
Projected Target:** A potential upside move towards the 3,438 zone is highlighted, aligning with previous resistance.

The current price action around the order block and trendline support hints at a buying opportunity, with a strong bullish move expected if this level holds.

11 giu

Trade attivo

Great gold running is well market reached 3350

7 giorni fa

Nota

Market reached 3390 700+ pip's gained