BTC $62,696.00 ▼ 0.66% ETH $1,844.39 ▼ 0.94% USDT $0.9990 ▼ 0.02% BNB $586.52 ▲ 0.66% XRP $1.07 ▼ 1.31% SOL $72.55 ▼ 0.80% DOGE $0.0695 ▼ 0.78% SHIB $0.00000486 ▼ 2.47% PEPE $0.00000285 ▼ 1.42% BTC $62,696.00 ▼ 0.66% ETH $1,844.39 ▼ 0.94% USDT $0.9990 ▼ 0.02% BNB $586.52 ▲ 0.66% XRP $1.07 ▼ 1.31% SOL $72.55 ▼ 0.80% DOGE $0.0695 ▼ 0.78% SHIB $0.00000486 ▼ 2.47% PEPE $0.00000285 ▼ 1.42%
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DeFi Piyasa

XAU/USD Bullish Triangle Breakout Setup

XAU/USD Bullish Triangle Breakout Setup

Gold OANDA:XAUUSD

Gold (XAU/USD) is trading within a well-defined symmetrical triangle, where price continues to respect both the rising support and descending resistance trendlines. The recent consolidation near the apex suggests that volatility is compressing and a breakout may be approaching. A successful move above the upper trendline could confirm bullish momentum and open the way toward the 4,118 resistance zone, which is the next key upside target marked on the chart. Traders should watch for a strong candle close above the triangle with increasing volume before considering bullish continuation. If the breakout fails, price may revisit the lower trendline for another support test. As always, apply proper risk management and wait for confirmation before entering a trade.

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