Gold Spot / U.S. DollarUpdated This is a 2-hour timeframe chart of XAU/USD (Gold vs. US Dollar)
• Price Levels & Key Zones:
• Support & Resistance zones are indicated by pink and yellow lines.
• Price is bouncing from the 2,886 - 2,884 blue highlighted demand zone.
• Resistance is visible around 2,906 - 2,920 and 2,930 - 2,940.
• Market Structure & Projection:
• A higher low has formed.
• An expected bullish move is predicted, shown by the yellow line and arrow, indicating a potential move to higher levels.
• A break and retest scenario is also visible on the chart.
• Support & Resistance zones are indicated by pink and yellow lines.
• Price is bouncing from the 2,886 - 2,884 blue highlighted demand zone.
• Resistance is visible around 2,906 - 2,920 and 2,930 - 2,940.
• Market Structure & Projection:
• A higher low has formed.
• An expected bullish move is predicted, shown by the yellow line and arrow, indicating a potential move to higher levels.
• A break and retest scenario is also visible on the chart.
Trade closed: target reached
On the way.
Join us for daily updates and grow your trading skills! t.me/+Xt4b3JSQCdA2NWQ0
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.
Join us for daily updates and grow your trading skills! t.me/+Xt4b3JSQCdA2NWQ0
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.