Gold vs. EUR Bullish Breakout Retest – Buying Opportunity!
Chart Analysis & Trade Setup:
The XAU/EUR (Gold/Euro) 4H chart shows a strong uptrend, with price recently testing a critical support level after a significant bullish run. The market is currently forming a bullish breakout retest, presenting a potential buying opportunity.
Technical Breakdown:
📌 Key Support Zone: 2,765 - 2,770 EUR (Previous resistance turned support).
📈 Bullish Trend: Price is holding above the structure support, suggesting buyers are stepping in.
📊 Retest Confirmation: If price respects this level, a continuation towards 2,820 - 2,850 EUR is expected.
Trade Plan:
✅ Entry: Buy around 2,765 - 2,770 EUR if price confirms support.
🎯 Target 1: 2,811 EUR (Recent high).
🎯 Target 2: 2,850 EUR (Major resistance level).
🛑 Stop Loss: Below 2,723 EUR, as a break below this zone would invalidate the bullish setup.
The XAU/EUR (Gold/Euro) 4H chart shows a strong uptrend, with price recently testing a critical support level after a significant bullish run. The market is currently forming a bullish breakout retest, presenting a potential buying opportunity.
Technical Breakdown:
📌 Key Support Zone: 2,765 - 2,770 EUR (Previous resistance turned support).
📈 Bullish Trend: Price is holding above the structure support, suggesting buyers are stepping in.
📊 Retest Confirmation: If price respects this level, a continuation towards 2,820 - 2,850 EUR is expected.
Trade Plan:
✅ Entry: Buy around 2,765 - 2,770 EUR if price confirms support.
🎯 Target 1: 2,811 EUR (Recent high).
🎯 Target 2: 2,850 EUR (Major resistance level).
🛑 Stop Loss: Below 2,723 EUR, as a break below this zone would invalidate the bullish setup.
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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.