XAUUSD - H1 Analysis & Key Levels
📉 XAUUSD - H1 Analysis & Key Levels
🔴 Supply Zone: 2918 - 2922
🟢 Demand Zones: 2906 - 2909, 2853 - 2857, 2828 - 2830
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 2918 - 2922 supply zone, a retracement toward 2906 - 2909 or deeper zones is likely.
2️⃣ Break & Retest: A breakout above 2922 could signal further bullish momentum toward higher levels.
💡 Trading Plan:
✅ Watch for rejection at 2918 - 2922 for potential short entries.
✅ Monitor 2906 - 2909 and 2853 - 2857 as possible buy zones on retracements.
✅ A confirmed break below 2828 could indicate further downside risk.
#FXFOREVER #XAUUSD #ForexTrading #SmartMoney #PriceAction #Gold
🔴 Supply Zone: 2918 - 2922
🟢 Demand Zones: 2906 - 2909, 2853 - 2857, 2828 - 2830
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 2918 - 2922 supply zone, a retracement toward 2906 - 2909 or deeper zones is likely.
2️⃣ Break & Retest: A breakout above 2922 could signal further bullish momentum toward higher levels.
💡 Trading Plan:
✅ Watch for rejection at 2918 - 2922 for potential short entries.
✅ Monitor 2906 - 2909 and 2853 - 2857 as possible buy zones on retracements.
✅ A confirmed break below 2828 could indicate further downside risk.
#FXFOREVER #XAUUSD #ForexTrading #SmartMoney #PriceAction #Gold
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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.
fxforever
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.