Hello traders! Here’s my technical outlook based on the current XAUUSD (2H) chart structure. Gold previously moved inside a descending channel, forming lower highs and confirming bearish pressure. After a breakdown, price found a bottom near a pivot point and started a recovery phase. Price also reclaimed the 4,700 demand zone, confirming it as a key support level.
Currently, gold is consolidating inside a range just below the 4,850 supply zone, while holding above support. This indicates accumulation and building pressure under resistance.
As long as XAUUSD holds above the 4,700 support and respects the rising demand line, the bullish bias remains valid. A breakout above the 4,850 resistance could trigger continuation toward higher levels (TP1). Manage your risk!
Currently, gold is consolidating inside a range just below the 4,850 supply zone, while holding above support. This indicates accumulation and building pressure under resistance.
As long as XAUUSD holds above the 4,700 support and respects the rising demand line, the bullish bias remains valid. A breakout above the 4,850 resistance could trigger continuation toward higher levels (TP1). Manage your risk!
交易進行
The price continues to consolidate before the next move. So we wait and watch!手動結束交易
We can see a breakout of the ascending support line, which may indicate weakness of buyers at this stage, so we need to reconsider the setup!
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🔶 Free telegram channel👉 t.me/heniitrading
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。