Gold (XAU/USD) 1H Chart Analysis 🏆✨
1️⃣ Support & Resistance Zones 🚧
Resistance Zones (Purple areas):
🔹 Lower resistance ~ 2,920
🔹 Upper resistance ~ 2,960
Support Zone 🛡️ around 2,900
2️⃣ Possible Price Movements 📈📉
✅ Bullish Scenario: If price breaks above 2,920, it may surge towards 2,960 🚀💰
❌ Bearish Scenario: If price gets rejected at 2,920, a pullback to 2,900 is likely ⚠️📉
3️⃣ Trend Analysis 📊
🔥 The price is in an uptrend after bouncing from 2,880
🔍 Watch the 2,920 level—break or rejection will decide the next big move!
💡 Trading Plan:
Bullish: Wait for a breakout 🔼 above 2,920, then target 2,960 🎯
Bearish: Short if price rejects 2,920, aiming for 2,900 📉
1️⃣ Support & Resistance Zones 🚧
Resistance Zones (Purple areas):
🔹 Lower resistance ~ 2,920
🔹 Upper resistance ~ 2,960
Support Zone 🛡️ around 2,900
2️⃣ Possible Price Movements 📈📉
✅ Bullish Scenario: If price breaks above 2,920, it may surge towards 2,960 🚀💰
❌ Bearish Scenario: If price gets rejected at 2,920, a pullback to 2,900 is likely ⚠️📉
3️⃣ Trend Analysis 📊
🔥 The price is in an uptrend after bouncing from 2,880
🔍 Watch the 2,920 level—break or rejection will decide the next big move!
💡 Trading Plan:
Bullish: Wait for a breakout 🔼 above 2,920, then target 2,960 🎯
Bearish: Short if price rejects 2,920, aiming for 2,900 📉
Trade closed: target reached
🚀 XAU/USD (Gold) 1H Analysis – Key Levels Hit! What’s Next? 🔥✨
Gold has played out perfectly as expected! 🎯📊 The price hit our 2,920 resistance zone, and now the big question is—Breakout or Rejection? 🤔
🔍 Key Market Breakdown:
✅ Resistance Hit: Price reached 2,920 (marked zone) 🚧
✅ Possible Breakout: If bulls push above 2,920, next target = 2,960 🚀📈
✅ Rejection Scenario: A pullback from 2,920 could send gold back to 2,900 📉⚠️
💡 Traders, Watch Closely! A strong breakout can fuel more upside, while rejection could offer a shorting opportunity! 🎯👀
🔥 What’s your move? Bullish or Bearish? Drop your thoughts! 👇💬 #Gold #XAUUSD #Trading
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join my tellegram channel
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join my refferal broker
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t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.