Gold Spot / U.S. DollarUpdated

GOLD H1 CHART DAILY ANALYSIS

In this analysis we are focusing on 1H timeframe for gold. we are looking both scenario buy and sell opportunity today, by using of support & resistance, trendline as well as indicators. let's see what will happens and which trade oportunity market will give us.

Trade Setup:
currently we have a key support level between 2733.5 and 2727.800. if the price holds above this support zone, it suggests a potential buying opportunity with a target of 2757.

Scenario 1: BUY
if the price does not break below 2733.5-2727.8, consider a buy position targeting 2757.

Scenario 2: SELL
if the price break support level and candle close below the 2727.8, and confirms the breakout, this may signal a selling opportunity, with a target down to 2708.

NOTE: always use stoploss and takeprofit for your trade as well as use proper money management and risk management.

THIS IS JUST ANALYSIS OR PREDICTION FROM MY SIDE.

Trade active
Trade active.
Trade active
Active trade.
Trade active
Trade active 100 pips running.
Trade active
Active Trade.
Trade active
Active Trade.
Trade active
Trade active.
Trade active
Active Trade.
Trade closed: target reached
200+pips gain.

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