Gold (XAUUSD) is forming an Ascending Triangle pattern, approaching a crucial resistance zone. Price action indicates potential for either a breakout or a false breakout (trap). Key targets and rejection levels are clearly marked on the chart. Stay alert for a possible rejection near the upper trendline or a breakout confirmation above the resistance zone.
This analysis is for educational purposes only — not financial advice. Always manage risk properly.
This analysis is for educational purposes only — not financial advice. Always manage risk properly.
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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.
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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.