XAUUSD H4

103
Hello traders,

The chart shows Gold in an upward channel, indicating a bullish trend:

Key Resistance: $2,680–$2,692.

Key Support: $2,623–$2,632.

Expect a retracement to support ($2,632) before a possible rally toward resistance ($2,692).

Long positions could target $2,680+ with a stop-loss below $2,624.


Watch for breakouts beyond the channel for trend changes.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.