( Gold )Bullish Reversal from Falling Wedge | Long Setup Active
A bullish Falling Wedge breakout has been confirmed on the 30-minute chart, with price breaking above resistance and entering the indicator . This suggests a potential trend reversal after recent downside pressure.
🔍 Technical Setup:
Pattern: Falling Wedge (bullish breakout)
Long Entry: 3323 (active)
Target: 3398
Stop Loss: Below 3285
Indicator : Bullish signal as price attempts to clear the cloud.
🧠 Fundamental Context:
Weaker USD on recent data may lift gold prices.
Dovish Fed tone softens rate hike fears, supporting metals.
Inflation concerns and geopolitical uncertainties continue to provide upside bias for gold.
Must Support Me Share My Idea With Your Firends Mention Your Feed back Comment Section
📌 Note: Wait for confirmation with a strong candle close below the neckline and increased volume before entering the trade. This is not financial advice. Please conduct your own research and manage risk accordingly.
🔍 Technical Setup:
Pattern: Falling Wedge (bullish breakout)
Long Entry: 3323 (active)
Target: 3398
Stop Loss: Below 3285
Indicator : Bullish signal as price attempts to clear the cloud.
🧠 Fundamental Context:
Weaker USD on recent data may lift gold prices.
Dovish Fed tone softens rate hike fears, supporting metals.
Inflation concerns and geopolitical uncertainties continue to provide upside bias for gold.
Must Support Me Share My Idea With Your Firends Mention Your Feed back Comment Section
📌 Note: Wait for confirmation with a strong candle close below the neckline and increased volume before entering the trade. This is not financial advice. Please conduct your own research and manage risk accordingly.
Trade ativo
📌 Trade Active –Watching for sustained momentum toward target.
Risk-Reward Ratio: ~2:1 depending on final entry/exit points
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.