Indices and commodities
#GOLD
Long
Active
XAUUSD Technical Analysis (2H Timeframe). for FOREXCOM:XAUUSD by RSI_Trading_point
TradingView
GOLD
Indices and commodities
Active
Current price
4713.56
USD
PNL
+0.09%
4713.56 USD
Stop Loss
1.5%
4638.50 USD
Take Profit
1.5%
4779.77 USD
Rationale
TradingView idea: XAUUSD Technical Analysis (2H Timeframe). for FOREXCOM:XAUUSD by RSI_Trading_point
TradingView symbol: XAUUSD
📊 XAUUSD Technical Analysis (2H Timeframe)
✅ Market Structure: Bullish Reversal Confirmed
Price has successfully broken the descending channel and is now holding above the breakout zone.
🔍 Key Observations:
• Strong breakout from downtrend resistance
• Bullish momentum supported by higher highs & higher lows
• Price holding above the demand/support zone around 4680–4690
• Ichimoku cloud breakout indicates bullish continuation potential
🎯 Bullish Targets:
• TP1: 4780
• TP2: 4860
📌 Support …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Active
The information published on this website and in the Invest Ideas bot is provided for informational purposes only and does not constitute individual investment advice, an offer, or a solicitation to buy or sell any financial instrument. Users make all financial and investment decisions at their own discretion and under their own responsibility. The administration and owners of the website and bot are not responsible for user-generated materials or for any losses arising from the use of the published information.