XAUUSD potential Buy trade after the breakout of the channel

2024年9月5日

XAUUSD has bounced off a support level and reached the key price level of 2500. On the daily timeframe, two long-tailed bars have formed, indicating a strong double rejection of the support. If upcoming news does not negatively impact gold, the market could be positioned to test its all-time highs. On the 1H chart, the price action has broken and closed above the downward channel, suggesting that the recent movement was a pullback and signalling a possible end to it. The market may retest the swap zone before pushing to higher levels. The target is the resistance at 2527

2024年9月9日

交易結束：目標達成

Price moved exacty as expected