📊 XAU/USD (Gold) 1H Analysis – 24-03-2025
📈 Current Price: 3,019.450
🔴 Supply Zones (Resistance):
✔ 3022-3025 – Recent rejection zone
✔ 3043-3046 – Strong resistance level
🟢 Demand Zones (Support):
✔ 2998-3005 – Key support area
✔ 2978-2981 – Deeper demand zone
📌 Market Outlook:
Price has rejected the 3022-3025 supply zone and is currently consolidating.
Scenario 1: If price stays below 3022-3025, expect a drop towards 2998-3005 demand.
Scenario 2: If price breaks above 3022-3025, it could push toward 3043-3046.
⚡ Trade Setup:
🔻 Sell Setup: If rejection at 3022-3025
🎯 TP1: 2998-3005
🛑 SL: Above 3026
🔼 Buy Setup: If breakout and retest of 3022-3025
🎯 TP1: 3043-3046
🛑 SL: Below 3020
#FXFOREVER #XAUUSD #GoldTrading #SmartMoney #PriceAction #ForexAnalysis
📈 Current Price: 3,019.450
🔴 Supply Zones (Resistance):
✔ 3022-3025 – Recent rejection zone
✔ 3043-3046 – Strong resistance level
🟢 Demand Zones (Support):
✔ 2998-3005 – Key support area
✔ 2978-2981 – Deeper demand zone
📌 Market Outlook:
Price has rejected the 3022-3025 supply zone and is currently consolidating.
Scenario 1: If price stays below 3022-3025, expect a drop towards 2998-3005 demand.
Scenario 2: If price breaks above 3022-3025, it could push toward 3043-3046.
⚡ Trade Setup:
🔻 Sell Setup: If rejection at 3022-3025
🎯 TP1: 2998-3005
🛑 SL: Above 3026
🔼 Buy Setup: If breakout and retest of 3022-3025
🎯 TP1: 3043-3046
🛑 SL: Below 3020
#FXFOREVER #XAUUSD #GoldTrading #SmartMoney #PriceAction #ForexAnalysis
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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.
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.