Gold Spot / U.S. Dollar
Long
Updated

GOLD - Bullish Momentum Continues! Key Levels & Trade Setup

585
Current Price Action:
Gold (XAUUSD) is showing strong bullish momentum on the 1-hour chart, with clear support levels forming. The price recently tested 3,108.56 and is holding above key psychological support at 3,100.00.

Key Levels & Trade Setup:
Support Zones:
- FVG (Fair Value Gap) acting as support
- Strong base at 3,108.56 (11:35 candle)
- Major psychological level at 3,100.00

Market Context:
The chart shows liquidity pools with clear buy/sell labels, indicating institutional activity. The price is respecting Fibonacci levels, suggesting a structured uptrend.

Final Thoughts:
Gold remains in a strong uptrend, with clear support levels and Fibonacci confluences providing high-probability trade setups. The 3,100 level is critical—holding above it keeps the bullish bias intact.

Disclaimer: Not financial advice. Always do your own analysis. Trade safe! 💡
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