Hourly support intact in Gold, possible move up to 2430

Hello traders, in my previous Gold analysis, I recommended buying Gold at the hourly support level near 2430. As you can see, that idea generated over 600 pips profit.

Currently, Gold is near the hourly support level again. So, if price doesn't fall below the 100- hour EMA level, traders can consider buying Gold@2367-2375 with stop loss below the hourly support level and TP at 2430.

Comment:

Already moved up 100 Pips

Comment:

Seems like price is consolidating for the next phase

Trade active:

Bought@2360

Comment:

Trade currently in 200 pips profit

Trade closed manually:

Trade closed@2416.
Profit: 560 Pips

Trade active:

Bought again@2380 as I find the hourly support is still intact