๐ XAUUSD H4 Analysis โ Potential Bearish Move & Buy Zone! ๐
๐น Current Price Action: Gold is facing strong rejection from 2978-2984 Zone
๐น Key Level: (~2978) โ
โ ๏ธ Bearish Scenario:
๐ If we get an H4 bearish candle closing below 2978, there's a high probability of further downside.
๐ Potential target: (2949~2938) Golden Fibonacci Retracement Area
๐ Buy Zone Alert!
๐ Strong demand area spotted between 2932 - 2949
๐ If price taps into this zone and shows bullish rejection, we can plan a solid buy setup! ๐
*If we get bullish H4 candle closing above 3000 we can plan another Buy for easy 100-150 pips .*
๐ฅ Stay sharp, trade safe! ๐ฏ๐