Indices and commodities
#GOLD
Long
Active
Gold Eyes Breakout – Retest Before the Next Rally? for OANDA:XAUUSD by GoldenPrice_ACTION
TradingView
GOLD
Indices and commodities
Active
Current price
4707.01
USD
PNL
+0.10%
4707.01 USD
Stop Loss
0.8%
4664.73 USD
Take Profit
0.8%
4739.97 USD
Rationale
TradingView idea: Gold Eyes Breakout – Retest Before the Next Rally? for OANDA:XAUUSD by GoldenPrice_ACTION
TradingView symbol: XAUUSD
Technical - Structure
Gold is trending strongly inside an ascending channel with clear bullish momentum.
Price is now approaching a key supply zone (~4730–4750).
The move up is impulsive → high chance of a short-term pullback (retest).
Previous resistance may turn into support.
Primary Scenario
Pullback → retest ~4700–4720
Then continuation toward:
• Target 1: ~4740
• Target 2: ~4780
• Target 3: ~4800+
Alternative Scenario
If price rejects strongly at supply → drop back to demand zone …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Active
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