XAUUSD – Consolidating in a triangle pattern, waiting for an explosion point
Gold is currently consolidating in a triangle pattern, with the structure leaning towards the possibility of forming an ascending triangle – a sign that buying pressure is quietly increasing. The market is waiting for a push to break out of this narrow range.
Recommended trading strategy:
BUY on a break of the resistance zone at 3385: If the price breaks above the upper boundary of the triangle pattern, especially the 3385 mark, this will be a signal confirming the continued bullish momentum. Target is towards the 3419 area.
BUY around the support at 3365: If the price does not break the boundary but corrects to the 3365 area and a candlestick signal confirms buying pressure, this will be an opportunity to enter an order following the bullish wave.
SELL when price breaks and retests the 3365 zone: If price breaks through 3365 and retests unsuccessfully, a corrective trend will be triggered with a target towards the 3333 zone.
Gold is currently consolidating in a triangle pattern, with the structure leaning towards the possibility of forming an ascending triangle – a sign that buying pressure is quietly increasing. The market is waiting for a push to break out of this narrow range.
Recommended trading strategy:
BUY on a break of the resistance zone at 3385: If the price breaks above the upper boundary of the triangle pattern, especially the 3385 mark, this will be a signal confirming the continued bullish momentum. Target is towards the 3419 area.
BUY around the support at 3365: If the price does not break the boundary but corrects to the 3365 area and a candlestick signal confirms buying pressure, this will be an opportunity to enter an order following the bullish wave.
SELL when price breaks and retests the 3365 zone: If price breaks through 3365 and retests unsuccessfully, a corrective trend will be triggered with a target towards the 3333 zone.
Trade attivo
Gold retreats sharply from over two-week high, trades below $3,400Gold corrects lower after testing $3,400 earlier in the day but manages to hold comfortably above $3,900. While markets remain cautious following US President Donald Trump's tariff threats, growing hopes of a Russia-Ukraine peace deal limit XAU/USD's upside.
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JOIN OUR FREE TELEGRAM GROUP t.me/tvstrading
MESSAGE US FOR VIP SIGNALS🏆 t.me/Leilani8597
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.