XAUUSD H1 [24.02.25]: Technical Overview!
📈 BUY_GOLD: 2933/2935
Stoploss: 2930 / Target: 2955
📉 SELL_GOLD: 2957/2959
Stoploss: 2962 / Target: 2947
Analysis: Gold has found support at the 50-4H SMA (2920) multiple times and needs a sustained move above the 21-4H SMA (2935) to extend its rally.
The RSI, near 60, suggests further upside potential.
A decisive break above 2935 could lead to a retest of the 2955 high, with 2970 as the next resistance.
Stoploss: 2930 / Target: 2955
📉 SELL_GOLD: 2957/2959
Stoploss: 2962 / Target: 2947
Analysis: Gold has found support at the 50-4H SMA (2920) multiple times and needs a sustained move above the 21-4H SMA (2935) to extend its rally.
The RSI, near 60, suggests further upside potential.
A decisive break above 2935 could lead to a retest of the 2955 high, with 2970 as the next resistance.
Trade closed: target reached
Plan BUY full TP +200pips
🔰 Free signals (85% winrate)
🔰 Free knowledge
🔰 Update news continuously!
Telegram: t.me/sphyntrading
🔰 Free knowledge
🔰 Update news continuously!
Telegram: t.me/sphyntrading
Related publications
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.
🔰 Free signals (85% winrate)
🔰 Free knowledge
🔰 Update news continuously!
Telegram: t.me/sphyntrading
🔰 Free knowledge
🔰 Update news continuously!
Telegram: t.me/sphyntrading
Related publications
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.