Gold Analysis Bullish Breakout | Trendline & OB Setup

10 июл.

📈 Gold Analysis
We are currently seeing price action within a descending channel, testing key support at the M30 OB (Order Block). The price is pushing higher after bouncing off the support level, and the trendlines suggest a potential breakout to the upside.

💡 Key Levels:

Support Zone: 3326

Resistance Zone: 3342

The market is primed for a possible rally, indicated by the upward momentum and price breaking out above the trendline. Watch for confirmation as we approach the liquidity level for further bullish movement.

⚡ Trade Idea: Look for a long entry if price closes above the trendline for a continuation towards the next resistance.

10 июл.

Сделка активна

Gold has break the 3326 support zone along with the descending tredline with good buying momentum so we can enter t there setting out SL ( Stop Loss ) at 3320 below the wick of 30 minute candle and we can hold the the trade for maximam 100 pips the bove POI