The 1-hour timeframe for XAU has transitioned into an uptrend

Updated
XAU has broken the 1-hour swing high, indicating a shift in the 1-hour trend towards an upward direction. Therefore, XAU is likely to continue rising, at least up to the 2-hour supply zone.
Trade active
XAU is following the plan on the 1-hour chart. The 2-hour chart still indicates a downward trend. Keep monitoring the price to see if it can break the 2-hour swing high or not.
Trade closed manually
Candlestick AnalysisSupply and Demand

Also on:

Disclaimer