Gold (
XAUUSD) has been respecting the Fibonacci channel with precision on the 4H timeframe — reacting to nearly every level since May 27.
📈 The trend is clear: higher highs and higher lows. Momentum remains bullish as we approach two key levels:
🟡 Critical Resistance: 3435
🏁 All-Time High: 3498
Each pullback has held structure within the Fib channel, signaling strong buyer interest on dips.
If 3435 breaks cleanly, the market could accelerate toward uncharted territory. All eyes on this zone.
Are you positioned for the breakout?
#gold #xauusd #fibonacci #technicalanalysis #priceaction
XAUUSD) has been respecting the Fibonacci channel with precision on the 4H timeframe — reacting to nearly every level since May 27.📈 The trend is clear: higher highs and higher lows. Momentum remains bullish as we approach two key levels:
🟡 Critical Resistance: 3435
🏁 All-Time High: 3498
Each pullback has held structure within the Fib channel, signaling strong buyer interest on dips.
If 3435 breaks cleanly, the market could accelerate toward uncharted territory. All eyes on this zone.
Are you positioned for the breakout?
#gold #xauusd #fibonacci #technicalanalysis #priceaction
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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.