A bullish Falling Wedge breakout has been confirmed on the 30-minute chart, with price breaking above resistance and entering the indicator . This suggests a potential trend reversal after recent downside pressure.
🔍 Technical Setup:
Pattern: Falling Wedge (bullish breakout)
Long Entry: 3323 (active)
Target: 3398
Stop Loss: Below 3285
Indicator : Bullish signal as price attempts to clear the cloud.
🧠 Fundamental Context:
Weaker USD on recent data may lift gold prices.
Dovish Fed tone softens rate hike fears, supporting metals.
Inflation concerns and geopolitical uncertainties continue to provide upside bias for gold.
Must Support Me Share My Idea With Your Firends Mention Your Feed back Comment Section
📌 Note: Wait for confirmation with a strong candle close below the neckline and increased volume before entering the trade. This is not financial advice. Please conduct your own research and manage risk accordingly.
🔍 Technical Setup:
Pattern: Falling Wedge (bullish breakout)
Long Entry: 3323 (active)
Target: 3398
Stop Loss: Below 3285
Indicator : Bullish signal as price attempts to clear the cloud.
🧠 Fundamental Context:
Weaker USD on recent data may lift gold prices.
Dovish Fed tone softens rate hike fears, supporting metals.
Inflation concerns and geopolitical uncertainties continue to provide upside bias for gold.
Must Support Me Share My Idea With Your Firends Mention Your Feed back Comment Section
📌 Note: Wait for confirmation with a strong candle close below the neckline and increased volume before entering the trade. This is not financial advice. Please conduct your own research and manage risk accordingly.
Transaction en cours
📌 Trade Active –Watching for sustained momentum toward target.
Risk-Reward Ratio: ~2:1 depending on final entry/exit points
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.