XAUUSD (Gold Spot vs. U.S. Dollar) - 15-Minute Chart Analysis Bullish Trend: The price is making higher highs and higher lows, indicating an uptrend.Breakout Above 2890: Gold has broken above the 2890 level, confirming bullish momentum.Resistance Zone: The price is facing resistance near 2895-2896, leading to slight retracement.Volume Increase: Rising volume supports the ongoing trend, suggesting strong market participation.Intraday Trading Opportunity: Ideal for scalpers and short-term traders looking for breakout or pullback entries.
This chart reflects a high-momentum move in gold, making it an attractive setup for active traders. 🚀