XAU/USD Potential Bearish Move (1H Analysis)

69
Gold on the 1-hour timeframe, and you're suggesting that if price closes at 3289, a bearish move might follow. However, there's a likely type — 3289 is extremely high for Gold, as it has never reached.

XAU/USD Potential Bearish Move (1H Analysis)

Gold has been under pressure due to stronger USD and interest rate expectations.

Key Level: If XAU/USD closes below ~2289 on the 1-hour timeframe, this may suggest renewed short-term bearish pressure.

Resistance zone 3289 / 3300
Support Levels 3251 / 3225

you can see more Details in the Chart Ps Support with like and comments for more analysis Thanks for understand.

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.