Gold Spot / U.S. Dollar
Long
Updated

XAUUSD 4 HOUR TIME FRAME ANALYSIS MARKET GOES AT 3,430.

194
May be possible Price bullish in upside and touched at 3,430.

🟢 Key Bullish Signals:

1. Demand Line:
Price recently touched the demand line, forming a bounce, indicating strong buyer interest.

2. Support Area:
Rejected support area multiple times, confirming it as a reliable level.

3. Bullish Reversal Pattern:
Price broke previous lower highs, suggesting a trend shift or bullish correction phase starting.

📍 Trade Setup:
Entry Zone: Around $3,332 (current price zone).
Stop Loss: Below $3,300.
Target 1: ~ $3,375 (previous minor resistance).
Last Target: ~ $3,430 (major resistance near supply zone).

🔴 Bearish Concerns / Risk Management:
Stop Loss is placed just below the demand/support area (~$3300), a smart risk control if the bullish move fails. If price closes below the demand line, further downside may be expected.
Trade active
Congratulation guys our half target hit.
Trade closed: target reached
Breakeven guys and ready for next setup

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