XAUT/USDT – Gold LTF (1H) Analysis
BYBIT:XAUTUSDT
Gold is showing strength after consolidating within the mid-range. On the lower timeframe, price has respected the demand zone and pushed into premium levels, reclaiming liquidity.
Current Zone: Trading around $3,766–$3,778 with a clear push toward the $3,800 resistance.
Fib Levels: Price already tapped into 0.705/0.786 retracement (3764–3769), and holding above this zone signals bullish intent.
Market Structure: Multiple BOS (Breaks of Structure) confirmed upside momentum. A clean CHoCH and FVG fills below further validate the rally.
Bias: As long as $3,743 (0.382 fib) holds as support, upside continuation is favored.
📈 Upside Target: A break and close above $3,780 opens the gates for $3,800–$3,820 range.
📉 Downside Risk: Failure to hold $3,743 support could drag back to $3,720–$3,700 demand block.
Conclusion: Momentum is with the bulls; eyes on $3,800. If this level gives way, Gold could accelerate further into untested highs.
