XAUUSD (Gold Spot / U.S. Dollar) on the 30-minute timeframe.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.
---
⚠ Note:
Always manage your risk and consider fundamentals or major news events, especially with commodities like gold.
