The price perfectly fulfilled my last idea. 
XAUUSD is forming a bullish base just above the upward trendline and key support near 3,310, showing signs of price compression within a flag continuation pattern. After the recent pullback, the market is holding structure and coiling for a potential breakout toward the 3,365 resistance. If price rebounds from the confluence zone, it would signal bullish continuation with upside momentum building.
📈 Key Levels
💡 Risks
XAUUSD is forming a bullish base just above the upward trendline and key support near 3,310, showing signs of price compression within a flag continuation pattern. After the recent pullback, the market is holding structure and coiling for a potential breakout toward the 3,365 resistance. If price rebounds from the confluence zone, it would signal bullish continuation with upside momentum building.📈 Key Levels
- Buy zone: 3,305–3,310 support confluence
- Buy trigger: break and close above 3,340 minor structure
- Target: 3,365–3,370 resistance zone
- Sell invalidation: break below 3,290
💡 Risks
- Breakdown below the flag may turn structure bearish
- Weak volume on breakout could result in fakeout
- Resistance at 3,365 may reject price on first test
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🚀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.