Market still in bulish ?

39
XAUUSD GOLD update | H1 timeframe 🙌

This Analysis is based on educational purposes

What we analyse the market with aspect of technical ?

Market reject the 2897 point and currently floating at 2911 - 2912.00

In previous commentary there is a Resistance at 2903 - 2904.00 which is now act like a support area and trendline showing in charts
If the candle can not break the 2903 area we will take our positions of buy with 60 to 70 Pips stoploss
If makret break the trendline then we will expect a lower area at 2870 then 2830.00 area

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.