Gold (XAU/USD) is showing strong bullish momentum after a brief consolidation around the support zone. Price is currently retesting the breakout level, indicating potential continuation toward the upper resistance area. The bullish engulfing candles and higher lows suggest sustained buying interest, favoring long positions above the support level.
Trade closed: target reached
My signal successfully hit 200+ pips profit — another strong move confirming the setup’s accuracy and momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.