📈 Analysis Update: GOLD Primed for a Bullish Breakout 📈
Hello traders! I've been closely monitoring GOLD's price action, and it's presenting an exciting opportunity.
After forming a classic Cup and Handle pattern on the 1-week time frame, GOLD has recently broken out, surging towards new all-time highs (ATH). But the excitement doesn't stop there. Currently, GOLD is shaping a Bullish Flag on the 4-hour chart, coupled with bullish divergence, indicating strong upward momentum.
As we anticipate the confirmation of this bullish trend, we'll be closely watching for the break of previous lower highs (LHs). Once confirmed, this could signal a prime opportunity for a long ride on GOLD's upward trajectory.
Stay tuned for updates as we navigate this exciting potential breakout in GOLD. Let's capitalize on this golden opportunity together!
Remember, this is not financial advice. Always do your own research and consider your risk tolerance before making any trading decisions. Happy trading, everyone! 🚀💰
Hello traders! I've been closely monitoring GOLD's price action, and it's presenting an exciting opportunity.
After forming a classic Cup and Handle pattern on the 1-week time frame, GOLD has recently broken out, surging towards new all-time highs (ATH). But the excitement doesn't stop there. Currently, GOLD is shaping a Bullish Flag on the 4-hour chart, coupled with bullish divergence, indicating strong upward momentum.
As we anticipate the confirmation of this bullish trend, we'll be closely watching for the break of previous lower highs (LHs). Once confirmed, this could signal a prime opportunity for a long ride on GOLD's upward trajectory.
Stay tuned for updates as we navigate this exciting potential breakout in GOLD. Let's capitalize on this golden opportunity together!
Remember, this is not financial advice. Always do your own research and consider your risk tolerance before making any trading decisions. Happy trading, everyone! 🚀💰
Transaction en cours:
GOLD break the bullish flag and also break the previous HH's and retest the HH's point so move ur SL to Breakeven point and wait for the TP.
best of Luck.
best of Luck.
Commentaire:
Trade is close on breakeven point, we can retake new long entry at 2438.5 (break of the Bullish Flag)