Gold Spot / U.S. Dollar
Short
Updated

XAU/USD (Gold) - H1 Chart - Channel Breakout (12.02.2025)

4653
The XAU/USD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel 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 – 2835
2nd Support – 2797

🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !

Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.

Best Regards, KABHI_TA_TRADING
Thank you.
Trade active
Take entry now

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.