📊XAUUSD Gold Analysis – 4H Timeframe
Gold is respecting the bullish ascending channel on the 4H, with strong momentum continuing after a breakout above 3375 – a major resistance now turned into key support.
Retracement Entry Activated:
✅Entry taken at the 3375 breakout level – now acting as strong demand
🛑Stop Loss:
Placed below at 3323, aligned with the bullish order block (OB) for added protection
🎯Next Resistance Targets / Supply Zones:
🔹 3392
🔹 3404
🔹 3440[/b]
📌Watching price reaction at each level for signs of exhaustion or continuation
🧠Always manage risk and follow your plan – no guarantees in the market!
Share your thoughts below!
#gold #xauusd
👋Regards from _expert Team_
Gold is respecting the bullish ascending channel on the 4H, with strong momentum continuing after a breakout above 3375 – a major resistance now turned into key support.
Retracement Entry Activated:
✅Entry taken at the 3375 breakout level – now acting as strong demand
🛑Stop Loss:
Placed below at 3323, aligned with the bullish order block (OB) for added protection
🎯Next Resistance Targets / Supply Zones:
🔹 3392
🔹 3404
🔹 3440[/b]
📌Watching price reaction at each level for signs of exhaustion or continuation
🧠Always manage risk and follow your plan – no guarantees in the market!
Share your thoughts below!
#gold #xauusd
👋Regards from _expert Team_
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Forex • Crypto • Indices
Daily Forecasts | Precision Signals
Turning Pips into Profits Since [Your Year]
Market Whisperer | Risk Slayer
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Forex • Crypto • Indices
Daily Forecasts | Precision Signals
Turning Pips into Profits Since [Your Year]
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t.me/+h9QmoO36xFs1ZTk0
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.