Indices and commodities
#GOLD
Long
Closed
BUY XAU/USD - Wedge Breakout (27.04.2026) for OANDA:XAUUSD by KABHI_TA_TRADING
TradingView
GOLD
Indices and commodities
Closed
Current price
4587.56
USD
PNL
-1.73%
4626.97 USD
Stop Loss
1.62%
4632.34 USD
Take Profit
1.62%
4784.90 USD
Rationale
TradingView idea: BUY XAU/USD - Wedge Breakout (27.04.2026) for OANDA:XAUUSD by KABHI_TA_TRADING
TradingView symbol: XAUUSD
XAU/USD is showing a potential wedge breakout pattern after price reacted strongly from the marked support zone. Gold has broken above the descending wedge trendline, suggesting that bullish momentum may be building for a move toward higher resistance levels. OANDA:XAUUSD
Support Zone:
The key support zone is around 4,658 – 4,678. This area acted as the main demand zone where buyers stepped in.
1st Resistance:
The first upside target is around 4,785.
2nd Resistance:
If bullish momentum …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Closed
- Closed
- 2026-04-28
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