XAUUSD is climbing within a clean upward channel after rebounding strongly from the 3338 zone and forming higher lows. The recent breakout above the 3398.4 area signals a trend continuation setup toward the resistance line near 3465. Price is now testing the broken trendline from above, which could act as a launchpad for the next leg up.📈 Key Levels
- Buy zone: 3380–3390
- Sell trigger: drop below 3380
- Target: 3465
- Buy trigger: bounce from 3400 zone with strong volume
💡 Risks
- Rejection near 3440 may trigger a false breakout trap
- Gold’s momentum may stall if it loses the 3380 trendline
- Broader macro data could override technicals near resistance
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.