Current Momentum – Strong bullish breakout above key resistance zones 119,841 and 120,899, indicating aggressive buying pressure.
Immediate Resistance – Price is now approaching 122,733–123,196, a heavy supply zone; possible short-term profit booking area.
Support Levels – Nearest support now sits at 120,899, followed by 119,841. Holding above these keeps momentum intact.
Market Structure – Clear higher highs and higher lows; trend remains bullish unless price breaks below 119,284.
Trading Plan – Ride the uptrend with trailing stops; watch for reversal signals at 122,733–123,196 or continuation breakout above 123,200 for fresh upside.
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Here is my Telegram channel user name you can Join for Free Analysis and signals t.me/XAUTraderSidS
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.