XAUUSD H4 Analysis - Bullish or Bearish

7 days agoPair Name = Gold
Timeframe = H4
Analysis = technical + fundamentals


Please see the Above chart To see The Gold Next Moves.

We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path.


Currently We Can see between two strong support and Resistance levels. As we can see at chart 2590 Gold Price level and 2663 Gold Price level.

EMA 5 is indicating the trend of the market. EMA Cross over can range between 2577 to 2580. That indicates if Price breaks this level. Then we will see a small retesting period.


This kind market allow us to buy the dip and cash another next trend move.


Strongest retesting zone exists between the price level 2545 to 2556 price level.



EMA 5 Crossing levels:-

2580 To 2577


Retracement Zone:-

2545 To 2555



Bullish Gold Levels:-

2590
2615


Bearish Gold Levels:-

2564
2556
2545
2530


Stay tune we Will update again when market will give up another good direction move. With Different different time frame we check the market to get the Accuracte analysis according market next move.Happy trading.