Gold Spot / U.S. Dollar
Updated

XAU/USD: Bullish or Bearish? Key Levels to Watch in the Gold

90
Hello Traders!
Apex H1 Analysis — Current Price: $2633

Sell Opportunity:
Key Levels to Watch:
The market may continue its decline from the current levels, with potential support targeting the $2622-$2619 zone. A key level to watch for short entries is $2633.

Buy Opportunity:
We could consider buying from the support zone at $2622-$2618, where liquidity may be swept. However, it's essential to wait for confirmation before entering long positions to ensure a valid reversal at this level.

Market Structure:
The market is currently in a range, with price movement staying within a specific level.

Upcoming Events:
no major news events for today!

Reminder: Always do your own analysis before entering any trades!

I'll keep this idea updated with any changes.
Trade active
snapshot
This is usual in gold a sudden bump from no where.

edited a bit of changes due to bump.

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