XAUUSD Potential breakout to a new ATH

16 Eki 2024

XAUUSD has broken and closed above the downward channel, signaling a strong bullish trend. As the price approaches the all-time high (ATH) level, there is potential for a pullback as traders may take profits or reassess positions. However, with the current bullish momentum, the market is likely to continue moving higher, even if a slight pullback occurs. If the price does pull back, looking for rejection signs near key support levels could confirm further upside. The target is the resistance zone at 2698

21 Eki 2024

İşlem kapandı: hedefe ulaştı

XAUUSD Target hit!

Price went up over 50 USD since the analysis was published