GOLD - 1H Analysis & Prediction
📈 GOLD (XAU/USD) - 1H Analysis & Prediction
🔹 Key Levels & Market Structure:
✅ 2,895.225 - 2,884.186: First support zone, potential for a bounce.
✅ 2,867 - 2,872: Stronger demand zone, ideal for liquidity grab.
✅ 2,944.723: Key resistance, watch for price reaction.
✅ 2,857.718: Major demand zone, deep retracement possible.
🚀 Bullish Scenario:
🔹 If price holds above 2,895.225 - 2,884.186, potential rally towards 2,920 - 2,930.
🔹 Strong bullish confirmation at 2,867 - 2,872 could signal a long entry.
⚠️ Bearish Scenario:
🔹 If price breaks below 2,857.718, further downside towards 2,812 - 2,817 is likely.
💡 Trading Plan:
✅ Look for bullish confirmations at major support levels for buy entries.
✅ Watch price action in the 2,867 - 2,872 zone for potential reversals.
✅ Break above 2,928 confirms strong upside momentum.
#fxforever #XAUUSD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt #Fibonacci
🔹 Key Levels & Market Structure:
✅ 2,895.225 - 2,884.186: First support zone, potential for a bounce.
✅ 2,867 - 2,872: Stronger demand zone, ideal for liquidity grab.
✅ 2,944.723: Key resistance, watch for price reaction.
✅ 2,857.718: Major demand zone, deep retracement possible.
🚀 Bullish Scenario:
🔹 If price holds above 2,895.225 - 2,884.186, potential rally towards 2,920 - 2,930.
🔹 Strong bullish confirmation at 2,867 - 2,872 could signal a long entry.
⚠️ Bearish Scenario:
🔹 If price breaks below 2,857.718, further downside towards 2,812 - 2,817 is likely.
💡 Trading Plan:
✅ Look for bullish confirmations at major support levels for buy entries.
✅ Watch price action in the 2,867 - 2,872 zone for potential reversals.
✅ Break above 2,928 confirms strong upside momentum.
#fxforever #XAUUSD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt #Fibonacci
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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.
fxforever
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.