XAUUSD/GOLD – 1H BUY LIMIT PROJECTION

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Gold is currently maintaining a bullish structure within an ascending channel. Avoid entering at the current market price. Wait for a retracement and proper confirmation.

BUY ZONE: 4397–4404
STOP LOSS: Below 4387

TARGET 1: 4424
TARGET 2: 4439–4440

ENTRY CONFIRMATIONS:

✅ Ascending trendline support
✅ 4397–4404 support zone holding
✅ Fibonacci retracement confluence
✅ Bullish rejection candle
✅ Market structure confirmation

If Gold breaks 4397 strongly and a 1H candle closes below this level, the buy setup may become invalid.

⚠️ Use a maximum of 3 lots only.
⚠️ Split the position into smaller entries.

Penafian

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