Gold 1H Analysis – Potential Bounce at Key Support Level
163
On the 1-hour chart, we’re approaching a key support zone. If the price pulls back to this level, we could see a potential bounce. This area has historically shown strong buyer interest, and with a favorable setup, it could provide a good risk-to-reward trade opportunity. Keep an eye on price action and confirmation signals for the next move. Manage your risk accordingly!
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.
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.