This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
Time Frame:1-hour
The 1-hour XAUUSD chart exhibits a short-term bullish trend, with the RSI indicating a slight oversold condition.
Key Levels:
Trading Bias:
A breach of 2643.00 may trigger a corrective decline to the Point of Control (2617) and potentially reach the Lower Target (Order Block) at 2580-2590.
https://www.tradingview.com/x/sOpMj4mB/
Time Frame:1-hour
The 1-hour XAUUSD chart exhibits a short-term bullish trend, with the RSI indicating a slight oversold condition.
Key Levels:
- Poc(Point of Control): 2617
- Order Block (Lower Target): 2580-2590
- Resistance: 2683.00-2700.00
- Immediate Support: 2643.00
Trading Bias:
A breach of 2643.00 may trigger a corrective decline to the Point of Control (2617) and potentially reach the Lower Target (Order Block) at 2580-2590.
https://www.tradingview.com/x/sOpMj4mB/
Trade closed: target reached
The lower target achieved 2590.
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.
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.