Price Structure & Technical Setup
Gold is consolidating within a symmetrical triangle, showing lower highs and higher lows—a classic precursor to breakout in either direction
Fxglory Ltd
+5
TradingView
+5
Babypips.com
+5
TradingView
+2
Babypips.com
+2
TradingView
+2
.
Trendlines converge tightly around $3,326–$3,334, hinting at imminent directional acceleration
Investopedia
+4
TradingView
+4
TradingView
+4
.
🎯 Key Levels & Targets
Scenario Trigger Confirm Area Targets Stop Loss
Bullish Breakout above $3,344–$3,350 $3,369 → $3,396 → $3,422–$3,550 ~$3,340
Bearish Breakdown below ~$3,326–$3,320 $3,320 → $3,300 → $3,297 → $3,255 ~$3,335–$3,340
A breakout above $3,344–$3,350 validated with volume may drive prices toward $3,400+, with extended targets up to $3,550 or higher in bullish conditions
Traders Union
Time Price Research
.
A drop below $3,326–$3,320 risks further decline, targeting $3,300, $3,297, and eventually $3,255 if breakdown momentum builds .
📉 Market Context & Drivers
U.S. dollar strength, easing safe-haven demand, and optimistic trade sentiment are constraining gold’s upside unless breakout forces emerge .
Key upcoming catalysts: FOMC guidance, U.S. macro data (GDP, inflation), and geopolitical developments—their tone could tip the bias direction .
⚙️ Trade Rules & Risk Management
Wait for a confirmed breakout or breakdown—do not trade mid-range.
Confirm break with at least one close outside the triangle and rising volume .
Position sizing: Risk 1–2% per trade, adjust stop-loss to price structure ($8–$15 depending on volatility).
Take profits in stages: scale out at minor milestones (first targets), trail stop for extended targets.
Avoid chasing price within the middle of the triangle—risk/reward is unfavorable.
🧠 Why This Plan?
Follows textbook symmetrical triangle trading methodology: entry on breakout, stop beyond pattern opposite side, projection based on triangle height .
Aligns with broader outlook: bearish unless convincing upside breakout appears, consistent with analyst consensus hedging current bull exhaustion and wait‑and‑see on policy signals .
✅ Summary
Gold is coiling inside a tight triangle range near $3,326–$3,334, with breakout potential identified to either side:
Bullish breakout over $3,344–$3,350 targets up to $3,550 or beyond.
Bearish breakdown under $3,326–$3,320 risks slide towards $3,300–$3,255.
Wait for confirmation, apply disciplined risk controls, and let volume validate the move.
Gold is consolidating within a symmetrical triangle, showing lower highs and higher lows—a classic precursor to breakout in either direction
Fxglory Ltd
+5
TradingView
+5
Babypips.com
+5
TradingView
+2
Babypips.com
+2
TradingView
+2
.
Trendlines converge tightly around $3,326–$3,334, hinting at imminent directional acceleration
Investopedia
+4
TradingView
+4
TradingView
+4
.
🎯 Key Levels & Targets
Scenario Trigger Confirm Area Targets Stop Loss
Bullish Breakout above $3,344–$3,350 $3,369 → $3,396 → $3,422–$3,550 ~$3,340
Bearish Breakdown below ~$3,326–$3,320 $3,320 → $3,300 → $3,297 → $3,255 ~$3,335–$3,340
A breakout above $3,344–$3,350 validated with volume may drive prices toward $3,400+, with extended targets up to $3,550 or higher in bullish conditions
Traders Union
Time Price Research
.
A drop below $3,326–$3,320 risks further decline, targeting $3,300, $3,297, and eventually $3,255 if breakdown momentum builds .
📉 Market Context & Drivers
U.S. dollar strength, easing safe-haven demand, and optimistic trade sentiment are constraining gold’s upside unless breakout forces emerge .
Key upcoming catalysts: FOMC guidance, U.S. macro data (GDP, inflation), and geopolitical developments—their tone could tip the bias direction .
⚙️ Trade Rules & Risk Management
Wait for a confirmed breakout or breakdown—do not trade mid-range.
Confirm break with at least one close outside the triangle and rising volume .
Position sizing: Risk 1–2% per trade, adjust stop-loss to price structure ($8–$15 depending on volatility).
Take profits in stages: scale out at minor milestones (first targets), trail stop for extended targets.
Avoid chasing price within the middle of the triangle—risk/reward is unfavorable.
🧠 Why This Plan?
Follows textbook symmetrical triangle trading methodology: entry on breakout, stop beyond pattern opposite side, projection based on triangle height .
Aligns with broader outlook: bearish unless convincing upside breakout appears, consistent with analyst consensus hedging current bull exhaustion and wait‑and‑see on policy signals .
✅ Summary
Gold is coiling inside a tight triangle range near $3,326–$3,334, with breakout potential identified to either side:
Bullish breakout over $3,344–$3,350 targets up to $3,550 or beyond.
Bearish breakdown under $3,326–$3,320 risks slide towards $3,300–$3,255.
Wait for confirmation, apply disciplined risk controls, and let volume validate the move.
Trade active
since i mentioned earlier 3326 area has closed breakout then the bearish setup validated entry has been executed 3325.5 sell
Note
boom boom 110+pips profit running Trade closed: target reached
ALL TARGET SUCCESSFULLY HIT 550PIPS PROFIT DONE
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VIP Channels:
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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.
Join My telegram channel Free:
t.me/tamesbulltarder139
💎
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
t.me/tamesbulltarder139
💎
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
Related publications
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.