Gold (XAU/USD) Analysis – 15-Minute Chart
The price is currently showing signs of bullish momentum after forming a Break of Structure (BOS) around the 3297 level, which is also marked as the Stop Loss (SL) area.
After retesting the demand zone (highlighted in purple), the price has started to push upwards, suggesting a potential reversal. A bullish price path is projected, with expectations of higher highs.
Key Levels:
Entry Zone (Support): Around 3297 (SL zone)
Resistance Zones:
First Resistance: 3309
Second Resistance: 3314
Final Target: 3320
If the bullish momentum continues, the price is expected to break above the minor resistance levels and reach the target of 3320.
The price is currently showing signs of bullish momentum after forming a Break of Structure (BOS) around the 3297 level, which is also marked as the Stop Loss (SL) area.
After retesting the demand zone (highlighted in purple), the price has started to push upwards, suggesting a potential reversal. A bullish price path is projected, with expectations of higher highs.
Key Levels:
Entry Zone (Support): Around 3297 (SL zone)
Resistance Zones:
First Resistance: 3309
Second Resistance: 3314
Final Target: 3320
If the bullish momentum continues, the price is expected to break above the minor resistance levels and reach the target of 3320.
Trade active
Trade closed: target reached
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TG : t.me/GOLDPIPSSNIPERm
EXness: one.exnesstrack.org/a/m14yhu78xv
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.
Premium Signals | Consistent Profits
DM for access & Trade Smarter
TG : t.me/GOLDPIPSSNIPERm
EXness: one.exnesstrack.org/a/m14yhu78xv
DM for access & Trade Smarter
TG : t.me/GOLDPIPSSNIPERm
EXness: one.exnesstrack.org/a/m14yhu78xv
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.