Gold is trading inside an ascending channel on the 15M timeframe after a strong impulsive recovery from the recent selloff. Price is forming higher lows and holding above the marked support zone, indicating bullish continuation potential.
A breakout above minor intraday resistance confirms momentum toward the upper channel boundary.
📍 Entry Zone:
5160 – 5165
🛑 Stop Loss:
5152
🎯 Take Profit Targets:
TP1: 5175
TP2: 5188
TP3: 5198 – 5200 (Upper channel resistance / target point)
Bias remains bullish while price holds above 5152.
Break and close below support invalidates the setup.
A breakout above minor intraday resistance confirms momentum toward the upper channel boundary.
📍 Entry Zone:
5160 – 5165
🛑 Stop Loss:
5152
🎯 Take Profit Targets:
TP1: 5175
TP2: 5188
TP3: 5198 – 5200 (Upper channel resistance / target point)
Bias remains bullish while price holds above 5152.
Break and close below support invalidates the setup.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
