Today, we are analyzing the 1-hour time frame chart for Gold. My bias for today is on the buy side, based on market structure mapping and the SMC concept. Once the market price reaches my key levels, I will wait for confirmation according to my rules and strategy. At the same time, I will keep an eye on the volume and RSI indicators to find a strong confirmation and execute my trade with precision.
The market will not move higher until it hunts its full SSL. And if we decide to buy from here, the first resistance we will face will be around the 2888-90 area, and the second resistance will be near the 2895-2900 price range. Let's delve deeper into these levels and potential out comes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis not financial advice.
#XAUUSD 1H Technical Analysis Expected Move.
The market will not move higher until it hunts its full SSL. And if we decide to buy from here, the first resistance we will face will be around the 2888-90 area, and the second resistance will be near the 2895-2900 price range. Let's delve deeper into these levels and potential out comes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis not financial advice.
#XAUUSD 1H Technical Analysis Expected Move.
Trade closed: target reached
Trade Close Target reached.
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Daily free forex & gold signals ✨
100% Accuracy 🔫
Join my telegram for free:
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100% Accuracy 🔫
Join my telegram for free:
t.me/Trade_Tactics09
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.