XAU/USD (Gold) - H1 - Triangle Breakout

3 בדצמ׳ 2024

The XAU/USD pair on the H1 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 Days.

Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 2652

Target Levels:
1st Resistance – 2711
2nd Resistance – 2748

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3 בדצמ׳ 2024

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