Gold (XAU/USD) Bullish Breakout – Trade Setup & Key Levels

26 mar

🔍 Key Observations:

🔹 Trend Line Breakout:
📉⬇️ A downward trend line was broken, signaling a potential bullish reversal.
📈✅ The price has moved above the trend line, confirming the breakout.

🔹 Support & Resistance Zones:
🟦 Support Area: $3,000 - $3,010 (Buy Zone)
🟥 Resistance Area: $3,030 - $3,040 (Sell Pressure)

📊 Trade Setup:

✅ Buy Plan:
🔄 Wait for a pullback to the support zone (🟦 light blue area) before entering.
🎯 Target: $3,056.97 📈🏁
🛑 Stop Loss: $2,999.02 ❌🚨

📈 Indicators & Confirmation:

📊 DEMA (9-period) = $3,026.48 (near the current price, suggesting a neutral-to-bullish trend).

🔥 Conclusion:

🔵 Bullish Setup Active 🚀
⚠️ Wait for price reaction at support before entering.
❌ If price drops below $2,999, the setup is invalidated.

📌 Final Tip: Watch for a bullish candlestick pattern 📊 at support before executing the trade! 🎯

27 mar

Trade chiuso: obiettivo raggiunto

27 mar

Nota

📊 Gold (XAU/USD) 1H Chart Analysis

🔹 Support & Resistance Zones
🟦 Support Area: Around $2,999 (Price bounced from here)
🟥 Resistance Area: Price broke above and turned bullish

🔹 Breakout Confirmation
📉 Trendline Break Broken → 🚀 Strong bullish move
✅ Target Point Hit at $3,056.97 🎯

🔹 Momentum & Indicators
📈 Measured Move: +48.41 points (1.61%) 📊
📊 9-Period DEMA (3,050.15) – Price still above 📍

⚡ Conclusion:
🎯 All Targets Hit! 🏆🔥
Now, watch for:
👉 Breakout above 3,056.97? (Bullish continuation)
👉 Pullback to support zones? (Possible retest)