Gold Spot / U.S. Dollar
Updated

XAUUSD (Gold Spot / U.S. Dollar) on the 30-minute timeframe.

1 622
XAUUSD (Gold Spot / U.S. Dollar) on the 30-minute timeframe,

📈 Key Observations:

The price has broken out of a descending channel to the upside.

There is Ichimoku Cloud support below the breakout, indicating potential bullish momentum.

Two bullish target levels are marked with arrows and horizontal red lines.


🎯 Target Levels:

1. First Target (TP1): Around 3,350.000


2. Second Target (TP2): Around 3,390.000



These targets are based on the visual structure and the projected breakout move.

🛡 Support Zone (Possible Stop-Loss):

Near the 3,300.000 level — this is the last consolidation area before the breakout, and it's also aligned with the lower Ichimoku Cloud boundary.



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⚠ Note:

Always manage your risk and consider fundamentals or major news events, especially with commodities like gold.
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buy running 400 pips
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1st target done snapshot

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