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Indices and commodities #GOLD Long Active

GOLD MARKET UPDATE: Ascending Channel Holding Strong for OANDA:XAUUSD by Goldviewfx

Author: Goldviewfx | TradingView Idea Published: 2026-05-08
TradingView
GOLD
Indices and commodities
Active
Current price
4713.56
USD
PNL
+0.06%
4713.56 USD
Stop Loss
4.01%
4522.04 USD
Take Profit
4.01%
4899.86 USD
Rationale
TradingView idea: GOLD MARKET UPDATE: Ascending Channel Holding Strong for OANDA:XAUUSD by Goldviewfx TradingView symbol: XAUUSD Hey Everyone, Sharing today’s daily chart video update. Gold continues to trade within a well defined ascending channel, with the channel floor inline with 4587 Goldturn currently acting as key support and helping maintain the overall structure. As long as this support zone continues to hold, the long-range gap target around 4900 remains firmly on the radar as a potential longer-term objective. Review the full market update video for the complete breakdown and technical outlook. Have a …
Key details
Ticker
GOLD
Asset class
Indices and commodities
Direction
Long
Status
Active
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