Indices and commodities
#GOLD
Long
Active
XAUUSD – Bullish Recovery Setup... for OANDA:XAUUSD by XAUxBTC_Pro
TradingView
GOLD
Indices and commodities
Active
Current price
4506.34
USD
PNL
-0.56%
4506.34 USD
Stop Loss
1.5%
4463.93 USD
Take Profit
1.5%
4599.89 USD
Rationale
TradingView idea: XAUUSD – Bullish Recovery Setup... for OANDA:XAUUSD by XAUxBTC_Pro
TradingView symbol: XAUUSD
XAUUSD – Bullish Recovery Setup 📈
Gold is showing signs of bullish continuation after respecting the ascending support trendline inside the rising channel. Price reacted strongly from the support zone and buyers are attempting to regain momentum above the Ichimoku cloud.
A successful breakout above the current resistance area could trigger a continuation move toward the higher target zones near 4600 and 4680.
Market Structure:
Ascending channel remains valid
Strong support holding near …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Active
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