XAUUSD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE
This is a technical analysis chart of Gold CFDs (US/OZ) on a daily timeframe, published on TradingView. The chart includes the following key elements:
1. Uptrend: The price is following an upward trendline, indicating bullish momentum.
2. Support & Resistance Levels:
A yellow dashed line (~2,879.291) represents a key support level.
A red line (~2,785.719) represents a strong support zone.
A purple shaded area (~2,600 - 2,650) indicates a previous accumulation zone.
3. Prediction:
The blue arrow suggests a possible breakout and continuation of the uptrend towards the $3,100 level.
A short pullback might occur before further upside movement.
4. Current Price:
The price is $2,948.500, showing a +0.53% increase.
This chart is indicating a bullish bias, expecting Gold prices to continue rising if they stay above the trendline and support levels.
1. Uptrend: The price is following an upward trendline, indicating bullish momentum.
2. Support & Resistance Levels:
A yellow dashed line (~2,879.291) represents a key support level.
A red line (~2,785.719) represents a strong support zone.
A purple shaded area (~2,600 - 2,650) indicates a previous accumulation zone.
3. Prediction:
The blue arrow suggests a possible breakout and continuation of the uptrend towards the $3,100 level.
A short pullback might occur before further upside movement.
4. Current Price:
The price is $2,948.500, showing a +0.53% increase.
This chart is indicating a bullish bias, expecting Gold prices to continue rising if they stay above the trendline and support levels.
😎Free Free BTC/GOLD
🔰2/3 Trading Strong Signals daily
🔰99% Winning Accuracy 💯💯
🔰24/7 Help & Support 🤝join here 👇👇
t.me/Thegoldpipskiller
🔰2/3 Trading Strong Signals daily
🔰99% Winning Accuracy 💯💯
🔰24/7 Help & Support 🤝join here 👇👇
t.me/Thegoldpipskiller
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.
😎Free Free BTC/GOLD
🔰2/3 Trading Strong Signals daily
🔰99% Winning Accuracy 💯💯
🔰24/7 Help & Support 🤝join here 👇👇
t.me/Thegoldpipskiller
🔰2/3 Trading Strong Signals daily
🔰99% Winning Accuracy 💯💯
🔰24/7 Help & Support 🤝join here 👇👇
t.me/Thegoldpipskiller
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.