XAU/USD H4 Analysis

156
Price for Gold has continued to move higher, and as we can see on this 4 hour chart, there have been specific levels broken and retested before progressing further.

$2660, $2695, $2720 are the most recent levels where we can observe the break/retest/rejection price action.

The next level of interest could be $2760 which broke on Thursday but has yet to be retested.

The October 2024 high of $2790 could be in sight soon.

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.