📊 Gold Spot (XAU/USD) –
A Falling Wedge has formed on the 4-hour chart.
Gold was in a steady downtrend but has now broken out from the wedge structure.
After the breakout, price is consolidating near $3,320-30, suggesting accumulation before the next move.
Notice the spike in buying volume during the wedge breakout, showing strength from buyers.
Selling volume on pullbacks appears weaker compared to buying volume.
Immediate Support: $3,310 – $3,300 zone (also stop-loss area).
Upside Levels / Targets: $3,360 → $3,380 → $3,400 (wedge breakout target zone).
Major Resistance: $3,390 – $3,400 (if broken, further bullish momentum likely).
📈 Bullish Bias: Long entries around $3,330–$3,335 with SL below $3,310.
🎯 Targets: $3,360 / $3,380 / $3,400.
📉 Invalidation: If price closes below $3,300, bullish wedge breakout fails.
The falling wedge breakout on Gold suggests a shift from bearish to bullish momentum. If the price sustains above $3,310, upside potential remains strong toward the $3,360–$3,400 zone.
A Falling Wedge has formed on the 4-hour chart.
Gold was in a steady downtrend but has now broken out from the wedge structure.
After the breakout, price is consolidating near $3,320-30, suggesting accumulation before the next move.
Notice the spike in buying volume during the wedge breakout, showing strength from buyers.
Selling volume on pullbacks appears weaker compared to buying volume.
Immediate Support: $3,310 – $3,300 zone (also stop-loss area).
Upside Levels / Targets: $3,360 → $3,380 → $3,400 (wedge breakout target zone).
Major Resistance: $3,390 – $3,400 (if broken, further bullish momentum likely).
📈 Bullish Bias: Long entries around $3,330–$3,335 with SL below $3,310.
🎯 Targets: $3,360 / $3,380 / $3,400.
📉 Invalidation: If price closes below $3,300, bullish wedge breakout fails.
The falling wedge breakout on Gold suggests a shift from bearish to bullish momentum. If the price sustains above $3,310, upside potential remains strong toward the $3,360–$3,400 zone.
تم فتح الصفقة
3360-3380 Targets Doneأغلقت الصفقة: تم الوصول للهدف
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.