Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Initially, the price action was confined within a descending channel before a decisive bullish breakout occurred.
This first breakout triggered a strong upward impulse, setting the stage for the current market structure.
The price is now consolidating in a wide flat range, bounded by support near the $3285 level and resistance at $3375.
An ascending support line is providing dynamic support within this consolidation pattern, indicating underlying buying pressure.
I expect a brief retest of this support line, which should act as a launchpad for the price to move higher.
The primary target for this long setup is the $3375 resistance level, marking the top of the current flat range.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Initially, the price action was confined within a descending channel before a decisive bullish breakout occurred.
This first breakout triggered a strong upward impulse, setting the stage for the current market structure.
The price is now consolidating in a wide flat range, bounded by support near the $3285 level and resistance at $3375.
An ascending support line is providing dynamic support within this consolidation pattern, indicating underlying buying pressure.
I expect a brief retest of this support line, which should act as a launchpad for the price to move higher.
The primary target for this long setup is the $3375 resistance level, marking the top of the current flat range.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
交易進行
Good! Price almost reach my target!交易結束:目標達成
I expect that price will reach my target (which coincides with the resistance level) on Monday.🔶 Free telegram channel👉 bit.ly/4fKXOY0
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。