XAUUSD Analysis (1H Chart) – Shavyfxhub Strategy
Market Structure Breakdown
Overall Structure:
Gold is in a short-term descending channel (red trendlines) after failing to break higher.
Price has been making lower highs and testing lower supports — bearish market structure on this timeframe.
Key Levels:
Demand Floor: 4,076 – 4,070 (critical support zone marked on chart).
Supply Roof: Around 4,098 – 4,120.
Current price is consolidating near the lower part of the channel.
Current Price Action:
Gold is respecting the descending channel.
The black horizontal line is acting as dynamic resistance.
Recent candles show some buying interest near the 4,070 demand floor.
Shavyfxhub Strategy Outlook:
Bearish Bias while price stays below the red supply roof.
Watch the 4,070 – 4,076 demand floor closely. A strong defense here could lead to a bounce toward 4,098.
If buyers fail to hold this zone, expect a sweep lower toward 4,000 – 3,980.
#GOLD #XAUUSD
Market Structure Breakdown
Overall Structure:
Gold is in a short-term descending channel (red trendlines) after failing to break higher.
Price has been making lower highs and testing lower supports — bearish market structure on this timeframe.
Key Levels:
Demand Floor: 4,076 – 4,070 (critical support zone marked on chart).
Supply Roof: Around 4,098 – 4,120.
Current price is consolidating near the lower part of the channel.
Current Price Action:
Gold is respecting the descending channel.
The black horizontal line is acting as dynamic resistance.
Recent candles show some buying interest near the 4,070 demand floor.
Shavyfxhub Strategy Outlook:
Bearish Bias while price stays below the red supply roof.
Watch the 4,070 – 4,076 demand floor closely. A strong defense here could lead to a bounce toward 4,098.
If buyers fail to hold this zone, expect a sweep lower toward 4,000 – 3,980.
#GOLD #XAUUSD
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.