📊 Gold Spot/USD (1H) Technical Analysis
📍 Current Price: $3,368.52 ⚪️
🔷 Key Zones & Levels
🔵 Resistance Zone (🧱 Supply Area):
📍 $3,370 – $3,400
🔺 Multiple rejections 🛑
🔁 CHoCH (Change of Character) 🔄 shows potential reversal signal
🟦 Demand Zone (🛒 Buy Interest):
📍 $3,338 – $3,359
✅ Strong bounce area with bullish candles 🟢
🟢 Entry Point: $3,359.60 🔵
📍 Placed at the upper edge of demand zone (🔼 High probability buy zone)
🔴 Stop Loss: $3,338.66 🔻
📍 Below demand zone to avoid fakeouts ❌
🎯 Target Point: $3,455 🎯
📍 Breakout projection zone with profit potential 🚀
📈 Price Action & Market Structure
🔄 CHoCH near resistance – early reversal clue
📉 Downtrend line breakout 📐
🧠 Possible bullish move if price holds above entry zone
📍 EMA-70 (📏 Trend Guide):
Currently above price – needs breakout above $3,370.71 to shift bias to bullish 📈
🧠 Trading Plan
✅ BUY SETUP
🔹 Entry: $3,359.60 🔵
🔹 Stop Loss: $3,338.66 🔴
🔹 Target: $3,455+ 🎯
🔹 Risk/Reward: ✔️ Favorable
🔔 Final Thoughts
👁️ Watch for a clean breakout above resistance
📈 A bullish candle close above EMA and resistance could trigger a strong upside move
🚨 Be cautious if price closes below demand zone
📍 Current Price: $3,368.52 ⚪️
🔷 Key Zones & Levels
🔵 Resistance Zone (🧱 Supply Area):
📍 $3,370 – $3,400
🔺 Multiple rejections 🛑
🔁 CHoCH (Change of Character) 🔄 shows potential reversal signal
🟦 Demand Zone (🛒 Buy Interest):
📍 $3,338 – $3,359
✅ Strong bounce area with bullish candles 🟢
🟢 Entry Point: $3,359.60 🔵
📍 Placed at the upper edge of demand zone (🔼 High probability buy zone)
🔴 Stop Loss: $3,338.66 🔻
📍 Below demand zone to avoid fakeouts ❌
🎯 Target Point: $3,455 🎯
📍 Breakout projection zone with profit potential 🚀
📈 Price Action & Market Structure
🔄 CHoCH near resistance – early reversal clue
📉 Downtrend line breakout 📐
🧠 Possible bullish move if price holds above entry zone
📍 EMA-70 (📏 Trend Guide):
Currently above price – needs breakout above $3,370.71 to shift bias to bullish 📈
🧠 Trading Plan
✅ BUY SETUP
🔹 Entry: $3,359.60 🔵
🔹 Stop Loss: $3,338.66 🔴
🔹 Target: $3,455+ 🎯
🔹 Risk/Reward: ✔️ Favorable
🔔 Final Thoughts
👁️ Watch for a clean breakout above resistance
📈 A bullish candle close above EMA and resistance could trigger a strong upside move
🚨 Be cautious if price closes below demand zone
Order cancelled
Note
trade running almost 320pips done and not break resistance 
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Disclaimer
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join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
Related publications
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.