Gold Spot Analysis (XAU/USD) - Targeting Resistance Levels
In My OverviewOf Gold , I observe the following key technical levels on the 1-hour:
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1. Resistance Level: at $2820–2840, this zone serves as a potential target for bullish momentum.
2. Support Level: Near $2760, this acts as a key area where buying pressure may emerge.
3. Buy Entry Point: A potential entry opportunity is just below the current price, around $2794.71, aligned with the support zone.
4. All-Time High Reference: Potential for price retesting previous highs as momentum builds.
Plan:
We anticipate consolidation around the current price before a breakout towards the $2820–2840 target zone.
Keep an eye on price action for confirmation of a breakout from the resistance level.
A good risk-to-reward ratio for traders aiming to capitalize on Gold's upward momentum. Ensure proper risk management and monitor market conditions closely
NOTE This Analysis Only For Educational Purposes Not A Trading Advice,Trade at Your Own Analysis
Must Support Me And And Share My Analysis With Your Friends Thanks Trade Safely
1. Resistance Level: at $2820–2840, this zone serves as a potential target for bullish momentum.
2. Support Level: Near $2760, this acts as a key area where buying pressure may emerge.
3. Buy Entry Point: A potential entry opportunity is just below the current price, around $2794.71, aligned with the support zone.
4. All-Time High Reference: Potential for price retesting previous highs as momentum builds.
Plan:
We anticipate consolidation around the current price before a breakout towards the $2820–2840 target zone.
Keep an eye on price action for confirmation of a breakout from the resistance level.
A good risk-to-reward ratio for traders aiming to capitalize on Gold's upward momentum. Ensure proper risk management and monitor market conditions closely
NOTE This Analysis Only For Educational Purposes Not A Trading Advice,Trade at Your Own Analysis
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Hello Guys As Per my analysis We can Place Buy From 2790 And Set Take Profit till 2815 Trade closed: target reached
hello guys As I told You Gold Will Fly Soon 400+ Pips in Profit What A Amzing Entry Zero DrawDown safe And Perfect Entry For Now We Are Going To Close Our Trade At 2830 wait For my New Idea Must Support Me Thanks 
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Free Telegram Channel t.me/+6PsHOpl6sM41MmU0
t.me/+U-9ir3s8ri00Yjg8
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Join Me I will guide for Profitable trading
Free Telegram Channel t.me/+6PsHOpl6sM41MmU0
t.me/+U-9ir3s8ri00Yjg8
Live free Signals And Guidence
Free Telegram Channel t.me/+6PsHOpl6sM41MmU0
t.me/+U-9ir3s8ri00Yjg8
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