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XAU/USD (Gold) Trendline Breakout (21.02.2025)

12179
The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.

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

Target Levels:
1st Support – 2904
2nd Support – 2880

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Take Entry now
ملاحظة
The U.S. dollar rose against a broad range of currencies on Friday including the euro, sterling and those tied to commodities such as the Australian dollar, as investors consolidated positions ahead of the weekend, looked to more inflation data next week and kept an eye on tariff headlines.

XAU/USD - In Profit - Hold It 👈👈
ملاحظة
The dollar advanced against major currencies, Gold and Silver prices eased as investors booked profits from the previous session's record high.
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لقطة

with Good Profit
ملاحظة
The U.S. dollar got stronger because Treasury yields (interest rates on government bonds) went up. This happened as people were thinking about possible changes in trade policies and the economy under President Trump.
ملاحظة
Now our 2nd Target Reached

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