Gold has finally broken above the falling trendline, confirming a short-term shift in momentum. The breakout is clean, and price is now holding above the breakout area, which keeps the bullish continuation scenario active.
As long as price respects the highlighted support zone, pullbacks can be used for long opportunities toward the marked upside targets. A break below the invalidation level would cancel this setup, so risk management remains key.
This is a structure-based trade, not a chase.
KEY LEVELS
Disclaimer
This analysis is for educational purposes only and should not be considered financial advice. Trading involves risk. Please do your own research and use proper risk management.
As long as price respects the highlighted support zone, pullbacks can be used for long opportunities toward the marked upside targets. A break below the invalidation level would cancel this setup, so risk management remains key.
This is a structure-based trade, not a chase.
KEY LEVELS
- Entry Zone: 4671 – 4668
- 1st Target: 4678
- 2nd Target: 4684
- Final Target: 4690
- Stop Loss: 4660
Disclaimer
This analysis is for educational purposes only and should not be considered financial advice. Trading involves risk. Please do your own research and use proper risk management.
Trade active
After hitting first target, it directly to hit stop loss, but that was the only strong support zone or liquidity zone, and price reverse again.
Trade closed: stop reached
after stop loss it given perfect one side move
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Contact me: wa.me/919560602464
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SCA Registered Analyst→Dubai
Related publications
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.
Learn PROFITABLE STRATEGIES THAT WORK IN EVERY MARKET
WhatsApp to get started
Contact me: wa.me/919560602464
Join Free Telegram: tinyurl.com/5n7xsehh
SCA Registered Analyst→Dubai
WhatsApp to get started
Contact me: wa.me/919560602464
Join Free Telegram: tinyurl.com/5n7xsehh
SCA Registered Analyst→Dubai
Related publications
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.