Gold has respected the 4,185–4,190 support zone multiple times, showing consistent buying pressure from this demand area. After the latest retest, price formed a higher low and has now broken above the descending trendline resistance on the 15m timeframe.
This trendline breakout indicates that bearish momentum is weakening and buyers are regaining control.
Key Technical Points
• 🔶 Strong Support Zone: Market has rejected the 4,185–4,190 area several times, confirming it as a valid demand level.
• 📉 Trendline Resistance Broken: Price has successfully broken above the descending trendline, signaling a potential shift from bearish structure to bullish continuation.
• 🔵 Breakout Confirmation: Current candles are holding above the trendline, suggesting buyers are defending the breakout.
• 📊 Bullish Structure Forming: Higher lows + breakout = bullish bias for continuation.
🎯 Bullish Targets
• TP1: 4,215
• TP2: 4,228
• TP3: 4,240 (Main Target)
🛑 Invalidation / Stop Loss
A clean break below 4,188 would invalidate the bullish setup and signal weakness.
📌 Outlook
As long as price remains above the broken trendline and support zone, XAUUSD is expected to continue pushing toward the 4,230–4,240 liquidity targets.
This trendline breakout indicates that bearish momentum is weakening and buyers are regaining control.
Key Technical Points
• 🔶 Strong Support Zone: Market has rejected the 4,185–4,190 area several times, confirming it as a valid demand level.
• 📉 Trendline Resistance Broken: Price has successfully broken above the descending trendline, signaling a potential shift from bearish structure to bullish continuation.
• 🔵 Breakout Confirmation: Current candles are holding above the trendline, suggesting buyers are defending the breakout.
• 📊 Bullish Structure Forming: Higher lows + breakout = bullish bias for continuation.
🎯 Bullish Targets
• TP1: 4,215
• TP2: 4,228
• TP3: 4,240 (Main Target)
🛑 Invalidation / Stop Loss
A clean break below 4,188 would invalidate the bullish setup and signal weakness.
📌 Outlook
As long as price remains above the broken trendline and support zone, XAUUSD is expected to continue pushing toward the 4,230–4,240 liquidity targets.
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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.