Indices and commodities
#GOLD
Long
Active
XAUUSD — Bullish Recovery Setup ... for OANDA:XAUUSD by Alex_kock
TradingView
GOLD
Indices and commodities
Active
Current price
4506.34
USD
PNL
-0.30%
4506.34 USD
Stop Loss
1.33%
4459.64 USD
Take Profit
1.33%
4579.86 USD
Rationale
TradingView idea: XAUUSD — Bullish Recovery Setup ... for OANDA:XAUUSD by Alex_kock
TradingView symbol: XAUUSD
XAUUSD — Bullish Recovery Setup 📈
Gold is currently holding above the ascending trendline and reacting strongly from the highlighted support zone.
The market structure suggests buyers are attempting to regain momentum after recent consolidation.
🔹 Support Zone: 4485 – 4500
🎯 Target 1: 4580
🎯 Target 2: 4640
🛑 Invalidation Area: Break below the highlighted support zone
A successful hold above trendline support may strengthen bullish continuation toward the marked target area. Momentum …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Active
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