Gold (XAUUSD) – Triangle Breakout | 1H Chart | Trade Active

5月5日

Technical Analysis:
Gold has broken out of a symmetrical triangle pattern on the 1-hour chart, signaling a potential bullish continuation. The breakout above the resistance trendline confirms buyer momentum, supported by a strong impulse candle. The previous bearish move has now reversed, and price is testing the breakout zone.

Pattern: Symmetrical Triangle
Breakout Direction: Bullish

Entry Zone: Above 3,280 breakout area
Target: 3,360–3,380 short-term, with extended resistance near 3,400
Support: 3,280 (retest zone)
Risk: Failure to hold above 3,280 may invalidate breakout

Fundamental View:
Gold remains supported by weaker USD, ongoing global risk concerns, and expectations of easing Fed policy. These factors enhance safe-haven appeal, providing bullish momentum.

Trend: Bullish
Status: Trade Active – watching for continuation or retest bounce.

Call to Action:
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5月5日

交易進行

Buy Trade Placed From $3,307 use Lots As Per Your Account Equity Mange Proper Risk Mangement Good Luck Guy's

5月6日

交易結束：目標達成

Update: Target Hit – 3,380 Reached 730+ Pips traget Hit

The bullish breakout from the triangle pattern played out as expected. Price action reached the projected target zone of 3,380, completing the move with strong momentum. Trade closed successfully with profit.

Status: Trade Completed
Result: Target Hit – 3,380