Gold and silver breakouts! — Buyers are strongly stepping in.
Gold has reclaimed the 5200 level and is showing higher highs and higher lows on the lower timeframes. Momentum is building after the breakout, and as long as the support levels hold, there is potential for further upward movement.
Maintaining above 5125 keeps the bullish setup valid. If momentum remains steady, there is a high likelihood of continuing toward 5270 and higher levels. $XAU
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GateUser-1cbf8d6c
· 4h ago
Wishing you great wealth in the Year of the Horse 🐴
Gold and silver breakouts! — Buyers are strongly stepping in.
Gold has reclaimed the 5200 level and is showing higher highs and higher lows on the lower timeframes. Momentum is building after the breakout, and as long as the support levels hold, there is potential for further upward movement.
Entry Range: 5200 – 5208
Targets:
• TP1 → 5270
• TP2 → 5343
• TP3 → 5374
Stop Loss: 5125
Maintaining above 5125 keeps the bullish setup valid. If momentum remains steady, there is a high likelihood of continuing toward 5270 and higher levels. $XAU