Gold (XAU/USD) Price Action Chart Alert!!

18 Mar

Gold is moving in range between 2978 - 3000 where price consolidating. On a 30-minute timeframe, highlighting key market phases:

🔹 Accumulation and potential Distribution within a defined range.

If the market break above the previous high we could see a potential buy side move, creating new highs

🔹 📉 Potential Distribution Phase

The price is nearing resistance, which could lead to:

❌ Rejection & Sell-off (distribution phase)

18 Mar

İşlem aktif

Market breaks the zone with a very aggressive momentum we can enter in long from 3000 zone with some confirmation and let the profit run

18 Mar

İşlem kapandı: hedefe ulaştı

🚀 As predicted, Gold broke out of the accumulation phase with strong bullish momentum, confirming our buy-side setup.

🔹 📈 Entry: Around 3000 zone with confirmation
🔹 🎯 Target: Achieved 240+ pips profit


✅ Trade Closed Successfully with target hit

⚡ Price Action: Market reached new highs post-breakout

📢 Stay tuned for the next opportunity! 🔥