Gold (XAU/USD) shows price action ranging between a strong support level and a visible order block above. Price recently tested the support zone near 3,260.000, showing potential signs of a bullish reaction.
The chart highlights a possible upward move toward the Fair Value Gap (FVG) zone, targeting around 3325.626.
Key Technical Points:
- Support Level: Price bounced from the 3,260.000 zone.
- FVG Area: Gap available for price to fill up toward 3325.626.
- Order Block: Major resistance near the 3,440.000 region.
- Structure: A potential bullish short-term recovery setup.
Target Projection: $3325.626
If buyers maintain control around the current support, we could see a move into the FVG before facing major resistance at the order block above. Watch closely for bullish confirmations or possible rejections around the FVG area.
The chart highlights a possible upward move toward the Fair Value Gap (FVG) zone, targeting around 3325.626.
Key Technical Points:
- Support Level: Price bounced from the 3,260.000 zone.
- FVG Area: Gap available for price to fill up toward 3325.626.
- Order Block: Major resistance near the 3,440.000 region.
- Structure: A potential bullish short-term recovery setup.
Target Projection: $3325.626
If buyers maintain control around the current support, we could see a move into the FVG before facing major resistance at the order block above. Watch closely for bullish confirmations or possible rejections around the FVG area.
best analysis about XAUUSD
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best analysis about XAUUSD
t.me/joinchat/AZJsdrtmX78wZjQ0
👉𝘀𝗮𝘃𝗲 𝘆𝗼𝘂𝗿 𝗲𝗾𝘂𝗶𝘁𝘆 WITH my signals
👉𝗠𝗮𝗸𝗲 𝘆𝗼𝘂 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝘀𝗮𝗳𝗲
𝗰𝗼𝗻𝗳𝗶𝗿𝗺 𝗗𝗮𝗶𝗹𝘆 𝗽𝗿𝗼𝗳𝗶𝘁. on my analysis
t.me/joinchat/AZJsdrtmX78wZjQ0
t.me/joinchat/AZJsdrtmX78wZjQ0
👉𝘀𝗮𝘃𝗲 𝘆𝗼𝘂𝗿 𝗲𝗾𝘂𝗶𝘁𝘆 WITH my signals
👉𝗠𝗮𝗸𝗲 𝘆𝗼𝘂 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝘀𝗮𝗳𝗲
𝗰𝗼𝗻𝗳𝗶𝗿𝗺 𝗗𝗮𝗶𝗹𝘆 𝗽𝗿𝗼𝗳𝗶𝘁. on my analysis
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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.