📉 Gold (XAU/USD) Market Analysis – 1H Timeframe
📊 Current Price: 2,919.530
🔍 Market Structure: Bearish Bias
📌 Key Levels:
🔴 Supply Zones (Resistance):
2943-2947
2954-2956
🟢 Demand Zones (Support):
2874-2882
2834-2838
📈 Entry Plan – Short Setup
🔹 Sell Zone: 2923.8-2929 (Fib 0.618 - 0.786)
🎯 Targets:
✅ TP1: 2874-2882
✅ TP2: 2834-2838
⚠️ Key Observations:
• CHoCH & BOS indicate bearish momentum.
• If price holds below 2923, expect continuation down.
• Break above 2929.74 may lead to a liquidity grab before reversal.
#FXFOREVER #Gold #XAUUSD #SmartMoney #SMC #Liquidity #OrderBlock #Forex
📊 Current Price: 2,919.530
🔍 Market Structure: Bearish Bias
📌 Key Levels:
🔴 Supply Zones (Resistance):
2943-2947
2954-2956
🟢 Demand Zones (Support):
2874-2882
2834-2838
📈 Entry Plan – Short Setup
🔹 Sell Zone: 2923.8-2929 (Fib 0.618 - 0.786)
🎯 Targets:
✅ TP1: 2874-2882
✅ TP2: 2834-2838
⚠️ Key Observations:
• CHoCH & BOS indicate bearish momentum.
• If price holds below 2923, expect continuation down.
• Break above 2929.74 may lead to a liquidity grab before reversal.
#FXFOREVER #Gold #XAUUSD #SmartMoney #SMC #Liquidity #OrderBlock #Forex
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fxforever
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.