XAU/USD - Channel Breakout (05.05.2025)

5 mag

The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.

Target Levels:
1st Resistance – 3321
2nd Resistance – 3357

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5 mag

Trade attivo

placed

5 mag

Nota

with Good Profit

5 mag

Trade chiuso: obiettivo raggiunto

TP1 Reached

5 mag

Nota

Gold prices surged more than 2% on Monday, fueled by a declining dollar and increased demand for safe-haven assets. Investors are bracing for a policy announcement from the U.S. Federal Reserve later this week.

6 mag

Nota

2nd Target Reached

8 mag

Nota