Indices and commodities
#GOLD
Long
Active
Bullish breakout setup? for VANTAGE:XAUUSD by VantageMarkets
TradingView
GOLD
Indices and commodities
Active
Current price
4680.59
USD
PNL
+0.85%
4680.59 USD
Stop Loss
1.2%
4585.67 USD
Take Profit
2.11%
4739.30 USD
Rationale
TradingView idea: Bullish breakout setup? for VANTAGE:XAUUSD by VantageMarkets
TradingView symbol: XAUUSD
XAU/USD is falling towards the support level, which i a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 4,641.37
Why we like it:
There is a pullback support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 4,585.45
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 4,739.22
Why we like it:
There is a pullback resistance …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Active
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