:
๐ Gold (XAU/USD) 4H Chart Analysis
๐ Bullish Momentum: The price is currently at $2,912.80, showing signs of an upward breakout.
๐ EMA Support:
๐ด 30 EMA (short-term) at $2,905.06 is acting as support.
๐ต 200 EMA (long-term) at $2,862.78 suggests an overall uptrend.
๐ฃ Key Zones:
๐ Resistance: Around $2,930 - $2,960 (Target Zone ๐ฏ).
โ Support: $2,900 (Previously tested and held).
โก Trade Setup:
๐ Possible pullback to the VG (Fair Value Gap) before pushing higher.
๐ก If price holds above $2,905, it could rally to $2,950-$2,960.
๐ฅ Conclusion:
๐ข Bulls are in control! Watch for confirmation above resistance before entering trades. ๐๐ฐ
๐ Gold (XAU/USD) 4H Chart Analysis
๐ Bullish Momentum: The price is currently at $2,912.80, showing signs of an upward breakout.
๐ EMA Support:
๐ด 30 EMA (short-term) at $2,905.06 is acting as support.
๐ต 200 EMA (long-term) at $2,862.78 suggests an overall uptrend.
๐ฃ Key Zones:
๐ Resistance: Around $2,930 - $2,960 (Target Zone ๐ฏ).
โ Support: $2,900 (Previously tested and held).
โก Trade Setup:
๐ Possible pullback to the VG (Fair Value Gap) before pushing higher.
๐ก If price holds above $2,905, it could rally to $2,950-$2,960.
๐ฅ Conclusion:
๐ข Bulls are in control! Watch for confirmation above resistance before entering trades. ๐๐ฐ
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Join my telegram (COPY_TRADE)
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Join my refrel broker link
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Join my refrel broker link
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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.