📈 XAUUSD (Gold) Technical Analysis | 15-Minute Timeframe
Gold has broken above a key resistance level and is showing strong bullish momentum. The highlighted demand zone may act as a support area for a continuation move.
Trade Plan:
✅ Entry: On pullback into the demand zone
🎯 Target: 4081.50
🛑 Stop Loss: Below 4048.00
📊 Risk-Reward: High Probability Setup
Confluences:
✔️ Bullish Market Structure
✔️ Demand Zone Retest
✔️ Momentum Breakout
✔️ Trend Continuation Setup
⚠️ Disclaimer: This analysis is for educational purposes only. Always use proper risk management before taking any trade.
Gold has broken above a key resistance level and is showing strong bullish momentum. The highlighted demand zone may act as a support area for a continuation move.
Trade Plan:
✅ Entry: On pullback into the demand zone
🎯 Target: 4081.50
🛑 Stop Loss: Below 4048.00
📊 Risk-Reward: High Probability Setup
Confluences:
✔️ Bullish Market Structure
✔️ Demand Zone Retest
✔️ Momentum Breakout
✔️ Trend Continuation Setup
⚠️ Disclaimer: This analysis is for educational purposes only. Always use proper risk management before taking any trade.
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.
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.
