Price appears to be consolidating just above the breakout trendline, forming a new bullish base between 3350–3365 on the daily timeframe. This is a healthy sign ,it indicates that buyers are absorbing supply and not allowing price to fall back into the old range.
As long as this consolidation holds, the setup remains bullish, with upside potential still targeting 3445 and then ATH at 3500. If we get a decisive breakout above ATH, we might see a continuation rally. However, if a double top starts forming there, it will be time to book partial profits and wait for confirmation.
For Invalidation Level: I am Watching the 3380–3390 zone closely (Monday’s low). A strong move below this level could signal a failed breakout and invalidate the current bullish structure.
As long as this consolidation holds, the setup remains bullish, with upside potential still targeting 3445 and then ATH at 3500. If we get a decisive breakout above ATH, we might see a continuation rally. However, if a double top starts forming there, it will be time to book partial profits and wait for confirmation.
For Invalidation Level: I am Watching the 3380–3390 zone closely (Monday’s low). A strong move below this level could signal a failed breakout and invalidate the current bullish structure.
註釋
going good 
✅For Live Update on Gold Price and trade opportunities ; Join Free community
t.me/livepriceactiontrading
t.me/livepriceactiontrading
相關出版品
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。
✅For Live Update on Gold Price and trade opportunities ; Join Free community
t.me/livepriceactiontrading
t.me/livepriceactiontrading
相關出版品
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。