XAU/USD – H1 – Wedge Breakout Pattern 
XAUUSD
Gold is trading above a critical demand zone after completing a wedge breakout structure, indicating buyers are attempting to regain short-term momentum. Price is currently consolidating below the 4,163 resistance.
Gold steadies as investors await Fed minutes amid Middle East tensions – Safe-haven demand is offsetting pressure from rising yields and a stronger U.S. dollar, leaving gold in consolidation.
If the Support Zone Breaks
🔴 1st Support: 3997.47
🔴 2nd Support: 3942.90
🟢Resistance Zone 4163 to 4202
⚠️ Disclaimer: This analysis is for educational purposes only.
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XAUUSD Gold is trading above a critical demand zone after completing a wedge breakout structure, indicating buyers are attempting to regain short-term momentum. Price is currently consolidating below the 4,163 resistance.
Gold steadies as investors await Fed minutes amid Middle East tensions – Safe-haven demand is offsetting pressure from rising yields and a stronger U.S. dollar, leaving gold in consolidation.
If the Support Zone Breaks
🔴 1st Support: 3997.47
🔴 2nd Support: 3942.90
🟢Resistance Zone 4163 to 4202
⚠️ Disclaimer: This analysis is for educational purposes only.
Support the idea 🚀 Boost | 💬 Comment | 🔁 Share
🔸🔸 Charts Don't Lie, Traders Don't Quit 🔸🔸
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🟢New Telegram Free Channel : telegram.me/kabhi_official
Contact Me @
Telegram - telegram.me/kabhidhan_official
Contact Me @
Telegram - telegram.me/kabhidhan_official
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.