Gold Spot / U.S. DollarUpdated Gold Triangle Breakout Approaching: Key Levels to Watch!
Gold is consolidating in a symmetrical triangle on the 1H chart,
Watch for a potential breakout from this zone move above $2740 could lead to further bullish momentum towards $2760, while a breakdown below $2710 may open doors for a bearish move down to $2690 with neutral RSI, both directions are in play depending on the breakout
Keep an eye on price action around these levels!
Good Luck
Watch for a potential breakout from this zone move above $2740 could lead to further bullish momentum towards $2760, while a breakdown below $2710 may open doors for a bearish move down to $2690 with neutral RSI, both directions are in play depending on the breakout
Keep an eye on price action around these levels!
Good Luck
Trade active
Gold Breakout Update: Key Levels Tested 🎯
The breakout I discussed earlier has played out, and Gold hit the $2740 level Now,
watching for further upside towards $2760,
Next Steps:
If bullish momentum continues, $2760 is the next key target.
Watch for any retests around $2710 for potential entries.
Stay cautious of any pullbacks!
Trade closed: target reached
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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.