Gold Analysis - Bullish Bias for Today.
Currently, I’m analyzing Gold on the 1-hour time frame. As we all know, Gold is at an all time high, with the market pushing upwards without a valid retracement. The overall trend remains bullish, so my bias for today is also bullish based on my analysis.
📍 Key Focus:
I’ll wait for Gold to create a solid structure and retest at least my key levels. This will allow me to place my trade in the ideal demand zone.
✨ Confirmation is Key:
When the price hits my key levels, I’ll look for confirmation through a bullish candlestick pattern or bullish price action before planning my trade.
⚠️ Always Use Stop Loss in Your Trades. ⚠️
📊 Proper Money Management is Key.
💡 Maintain a Solid Risk-to-Reward Ratio.
This is just my analysis. 🔍
Further updates related to this analysis will be shared soon, once the price reaches our key levels. Stay tuned!⏳
🔍 Let’s see what opportunity the market provides.
#XAUUSD 1H Technical Analysis Expected Move.