Gold has broken strongly above the long-term descending trendline and established a bullish market structure on the 4-hour chart. Price is currently holding above the 4,327 support zone, which is acting as an important breakout/retest area.
As long as this support remains intact, bullish momentum could continue toward the 4,400–4,440 resistance zone. A successful breakout above 4,400 would strengthen the continuation setup.
🎯 Target: 4,400–4,440
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t.me/+EM2OGkUHG5g5MjA0
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join this for trading education purpose
t.me/+EM2OGkUHG5g5MjA0
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
