Buy Gold (Xau/Usd) Triangle Breakout

15 Tem

The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 2419.

Target Levels:
1st Resistance – 2446.50
2nd Resistance – 2462

Stop-Loss: To manage risk, place a stop-loss order below 2390. This helps limit potential losses if the price falls back unexpectedly.

Thank you.

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Gold - Now Closed manually with Small Profit and now taken EUR/USD sell entry with wedge breakout for today.

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