Gold (XAU/USD) Technical Analysis – 1H Chart
Price is currently reacting within the Point of Interest (POI) zone, which aligns with a key demand area. A bullish rejection from this level could push price toward the Target Area near 2,948.
Key levels to watch:
- Support Zone: 2,907 - 2,893
- Resistance/Target: 2,947 - 2,948
A break below the POI could invalidate bullish momentum, leading to further downside. Monitor price action for confirmation.
If you enjoy, press the like button.
Price is currently reacting within the Point of Interest (POI) zone, which aligns with a key demand area. A bullish rejection from this level could push price toward the Target Area near 2,948.
Key levels to watch:
- Support Zone: 2,907 - 2,893
- Resistance/Target: 2,947 - 2,948
A break below the POI could invalidate bullish momentum, leading to further downside. Monitor price action for confirmation.
If you enjoy, press the like button.
Trade active
Note
Congratulations guys, 100 pips+ profit booked.Note
Once again now trade activated from 2898 .Note
Congratulations guys, 160 pips+ profit booked from 2898 to 2914.Trade closed: target reached
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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.
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🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
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🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
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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.