ASCENDING TRIANGLE IN GOLD
Gold (XAUUSD) 4-Hour Chart Analysis
Pattern: Ascending Triangle
Breakout Level: 72,250
Potential Target: 200-400+ points
Market Sentiment: Gold prices stable in India; Silver increased on MCX.
Key Indicators:
Gold is forming an ascending triangle, signaling potential bullish momentum.
A breakout above 72,250 could indicate a significant upward move.
Risk Management: Monitor closely and ensure to set stop-loss levels.
Disclaimer: This is a technical analysis and not financial advice. Please conduct your own research before trading.
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Pattern: Ascending Triangle
Breakout Level: 72,250
Potential Target: 200-400+ points
Market Sentiment: Gold prices stable in India; Silver increased on MCX.
Key Indicators:
Gold is forming an ascending triangle, signaling potential bullish momentum.
A breakout above 72,250 could indicate a significant upward move.
Risk Management: Monitor closely and ensure to set stop-loss levels.
Disclaimer: This is a technical analysis and not financial advice. Please conduct your own research before trading.
IF THIS WILL HELP YOU PLEASE LIKE THE POST ❤️
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