On this XAUUSD 3-hour chart, price has broken out of the descending channel and is retesting near the 3304 area, aligning with a bullish change of character (CHOCH) zone for a potential buy setup. The chart shows a clear upward projection after the retest, targeting a move towards the upper resistance zone around 3440. This setup aligns with market structure respecting previous support zones and aiming for higher highs after a successful breakout. Monitoring the retest area is crucial for confirmation, allowing a low-risk entry for a continuation towards the targets while maintaining clear structure. Price action should be observed for bullish momentum before continuation to the higher resistance levels indicated on the chart for a clean execution.
Entry: 3304
First Target: 3381
Second Target: 3440
Stop Loss: 3390/335
Entry: 3304
First Target: 3381
Second Target: 3440
Stop Loss: 3390/335
Note
Stop loss 3285/3290 so please correct this mistakeTrade active
Apologies for late update Note
XAU/USD already 200+ profit running 
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
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Join telegram channel free ..
t.me/GoldMan0009
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
t.me/GoldMan0009
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
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.