XAU/USD (Gold) – 1H Technical Analysis
Market Structure: Sideways market with short-term bearish momentum.
Resistance Zone: Strong resistance around 4,110–4,120, where price faced rejection.
Current Price: Approximately 4,052.845.
Support Zone: Strong support between 3,940–3,960.
Price Action: After forming a higher high, the market reversed and entered a bearish move, followed by a minor pullback.
Expected Scenario: Price may continue declining toward the support zone. If buyers step in and bullish confirmation appears, a rebound toward higher levels is possible. A break below support could lead to further downside.
Chart Tools Used: Support & Resistance Zones, Trend Lines, Directional Arrows, and a Dotted Projection Path.
Outlook: Watch for price reaction at the support zone before considering the next trading opportunity.
Market Structure: Sideways market with short-term bearish momentum.
Resistance Zone: Strong resistance around 4,110–4,120, where price faced rejection.
Current Price: Approximately 4,052.845.
Support Zone: Strong support between 3,940–3,960.
Price Action: After forming a higher high, the market reversed and entered a bearish move, followed by a minor pullback.
Expected Scenario: Price may continue declining toward the support zone. If buyers step in and bullish confirmation appears, a rebound toward higher levels is possible. A break below support could lead to further downside.
Chart Tools Used: Support & Resistance Zones, Trend Lines, Directional Arrows, and a Dotted Projection Path.
Outlook: Watch for price reaction at the support zone before considering the next trading opportunity.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
