GOLD/USD a strong uptrend in progress after previous downtrenD

Several "breakout" labels are marked as the price moves upward, indicating bullish continuation patterns.

The trend appears to have gone through a reversal phase, starting from a structure labeled “bos” (likely "break of structure"), and moved into an upward trend.


2. Technical Analysis Elements

Bos (Break of Structure): These points are marked to indicate changes in trend direction or confirmation of a new trend.

Trendlines and zones: The shaded and boxed areas likely indicate accumulation zones, support/resistance, or demand/supply zones.

A rectangle zone in green on the top right is probably a target profit zone, and a red zone below it could represent a stop loss area.

Arrows suggest a forecast of continued bullish movement, possibly after a minor pullback or consolidation.


3. Trading Plan

A potential long position seems to be planned here, entering around the breakout zone.

The green box at the top right suggests a take-profit (TP) target near 2329.29, while the red box suggests a stop-loss (SL) around 2319.37, showing a positive risk-to-reward ratio.


4. Indicators and Tools

The chart appears to use pure price action without indicators like RSI or MACD.

Drawing tools include trendlines, rectangles, and text annotations (bos, breakout, etc.).