XAUUSD (Gold) 1H Sell Limit Projection – 11.06.2026
Market Bias: Bearish (Sell Setup)
Analysis:
Gold has broken out of a symmetrical triangle pattern, indicating a potential directional move.
Price is currently moving higher after the breakout and is expected to retest a strong resistance zone.
The highlighted sell area around 4120 – 4125 contains multiple confluences:
Fibonacci Golden Zone (0.618)
Order Block Resistance
Descending Trendline Resistance
Previous Resistance (R1)
Because several technical factors align in the same area, this zone is considered a high-probability Sell Limit zone.
Trade Plan:
📍 Sell Limit Zone: 4120 – 4125
🛑 Stop Loss: Above 4147
🎯 Take Profit Targets:
TP1: 4103 (Previous Resistance Break Level)
TP2: 4080 (Support S1)
TP3: 4035 (Support S2)
Market Bias: Bearish (Sell Setup)
Analysis:
Gold has broken out of a symmetrical triangle pattern, indicating a potential directional move.
Price is currently moving higher after the breakout and is expected to retest a strong resistance zone.
The highlighted sell area around 4120 – 4125 contains multiple confluences:
Fibonacci Golden Zone (0.618)
Order Block Resistance
Descending Trendline Resistance
Previous Resistance (R1)
Because several technical factors align in the same area, this zone is considered a high-probability Sell Limit zone.
Trade Plan:
📍 Sell Limit Zone: 4120 – 4125
🛑 Stop Loss: Above 4147
🎯 Take Profit Targets:
TP1: 4103 (Previous Resistance Break Level)
TP2: 4080 (Support S1)
TP3: 4035 (Support S2)
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.
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.