📊 GOLD XAU/USD — Trendline Play in Action!
My plan from yesterday played out perfectly: price bounced from $3274 to $3334 — that’s +560 Pips banked so far! 💙
But this is only the start of the bigger move — I’m still targeting a 2500 Pips upside on this bullish leg.
✅ Technical Bias:
Price is respecting the main ascending trendline perfectly.
Demand zone at 3220 – 3270 held as expected.
Next resistances: 3385, 3433, 3500, then 3553 as extended target.
✅ Fundamental Bias:
The market is still pricing in more Fed rate cuts, which keeps the upside for gold alive.
📢 If you like clear setups that deliver:
Like 👍 | Comment 💬 | Share 📤 | Follow 🔔 me for real-time technical & fundamental updates!
My plan from yesterday played out perfectly: price bounced from $3274 to $3334 — that’s +560 Pips banked so far! 💙
But this is only the start of the bigger move — I’m still targeting a 2500 Pips upside on this bullish leg.
✅ Technical Bias:
Price is respecting the main ascending trendline perfectly.
Demand zone at 3220 – 3270 held as expected.
Next resistances: 3385, 3433, 3500, then 3553 as extended target.
✅ Fundamental Bias:
The market is still pricing in more Fed rate cuts, which keeps the upside for gold alive.
📢 If you like clear setups that deliver:
Like 👍 | Comment 💬 | Share 📤 | Follow 🔔 me for real-time technical & fundamental updates!
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.
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.