


Gold has broken out of its descending trendline and is now consolidating above a key ascending trendline, signaling a potential bullish reversal. Price is hovering just below major resistance at $3,382.85, with eyes on $3,399.76 next. 🔍 Technical Highlights: Break and retest of descending trendline Key structure holding above $3,365 Potential bullish targets:...
After monitoring this bullish structure for hours, the breakout has finally confirmed on the 15-minute chart. I entered on the clean push above 3313.70 — a level I had marked out as a key resistance zone. The price respected the ascending trendline beautifully, offering solid structure for entries on dips. What gave me even more confidence was the sustained...
Joining up the dots. At a discount price, direction reflective of the higher time frames & COT data. Thoughts?.
Sharing a possibility of a slight push up before we see a fib bounce and the push higher... Thoughts?