XAUUSD technical analysis target sessesfully achieved

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This is a TradingView chart showing the price movement of Gold Spot against the U.S. Dollar (XAU/USD) on a 1-hour timeframe. The current price is $2,934.845, reflecting a +19.150 (+0.66%) increase.

Key observations:

The chart has purple horizontal zones, likely representing support and resistance levels.

A blue pattern appears to be drawn, possibly a W-shaped double bottom or a similar bullish formation.

After a period of consolidation near resistance, the price broke out sharply to the upside.

The breakout suggests bullish momentum, with gold moving above the resistance level around $2,920.


Would you like any further analysis or insights on this chart?

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.