From TradingView · · 50s
Gold Breaker | Liquidity Expansion for SAXO:XAUUSD
Gold price tests key support as traders watch for bullish confirmation.
In brief
Gold price tests key support as traders watch for bullish confirmation. Gold price tests 4,134 to confirm bullish expansion after bearish move. Originally reported by TradingView.
Gold Price Action
Gold price tests key support level after strong bearish move.
Breaker Area at 4134
Price reacts to lower support region testing breaker area around 4134.
Bullish Trade Setup
Potential entry around 4134 with stop loss at 410220 and take profit targets.
Liquidity Targets
Price targets 415568 then 419841 then 422635 before supply zone at 4283-4290.
Key Validation
Buyers must hold 4134 to confirm bullish expansion and avoid stop loss at 410220.
Trade Execution
Trade requires price confirmation around breaker area before expansion begins.
The essence
Gold price tests 4,134 to confirm bullish expansion after bearish move.
