Get started

Goldisgnals

GOLD – Bullish Continuation Toward 2,915$OANDA:XAUUSD is currently trading within an ascending channel, indicating a strong bullish structure. The price has broken above a key resistance zone and is now pulling back for a potential retest. This level previously acted as resistance and may now serve as support, aligning with a possible bullish continuation. If buyers confirm support at this zone, the price is likely to move upward toward the 2,915 target. However, a failure to hold this level could indicate a potential shift in momentum. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀
FX:XAUUSDLong
by DanieIM
1
XAU/USD: Prepare for a new all-time high near $3000?! (READ)Gold's one-hour chart analysis indicates that the price has precisely followed our prior estimate, reaching the projected level of $2951. Comparing the last five assessments demonstrates the accuracy of these projections. Gold is currently priced about $2947, down from $2951 when it peaked. I foresee a little retracement before another upward movement. Short-term aims include $2954 and $2956. Medium-term aims are $2966 and $2969. Please support me with your likes and comments to encourage me to share more analysis with you and share your thoughts on the potential trend of this chart with me! : 🚀 XAU/USD – Bullish or Bearish? Key Levels to Watch! 📊 💰 Gold Spot (XAU/USD) - 1H Chart Analysis 🔥 Key Observations: 🔹 BOS (Break of Structure) confirms strong market movement. 🔹 Bearish Order Block (OB) at the top suggests potential resistance. 🔹 Liquidity Grabs ($$$) & FVG (Fair Value Gaps) indicate smart money activity. 🔹 Bullish Rejection Blocks (30m & 1H TFs) could act as key demand zones. 📈 Possible Scenarios: 📌 Bullish Case: If price holds above the Bullish Rejection Block, we might see a push towards $2,950 - $2,960. 📌 Bearish Case: A rejection from the Bearish OB could send gold back towards $2,920 - $2,900. 🔔 Key Levels to Watch: ✅ Resistance: $2,950 - $2,960 ✅ Support: $2,920 - $2,900 💬 What’s your bias? Bullish or Bearish? Drop your thoughts below! ⬇️🔥 #gold #xauusd #forex #trading #priceaction #technicalanalysis
FX_IDC:XAUUSDLong
by NexusTradesZone