Gold Price Action Analysis: Breakout & Potential Targets

21 Mar

This 15-minute chart of Gold (XAU/USD) illustrates recent price action, highlighting key breakout points and a current consolidation phase. The chart shows:

Initial Breakout & Retest: A breakout from an ascending triangle pattern resulted in a price decline.

Current Range Formation: Gold is consolidating in a highlighted range, suggesting potential movement in either direction.

Key Levels:

Bullish Breakout Target: $3,045

Bearish Breakout Target: $3,021



Traders should monitor for a breakout from this range to confirm the next directional move.

NOTE
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!

21 Mar

İşlem aktif

21 Mar

İşlem kapandı: hedefe ulaştı

Target reached successfully