This chart analysis of XAU/USD (Gold vs US Dollar) on the 1-hour timeframe shows a bullish outlook with a focus on the support trend line.
Price recently pulled back after a sharp rise but is holding above the support zone and support trend line.
If the support holds, gold is expected to bounce and resume its upward move.
Key resistance levels to watch are 3873 and 3900, with a potential target at 3910 (New ATH).
A break below the support trend line could weaken bullish momentum, but as long as it holds, the outlook remains positive.
👉 Overall, the analysis suggests a bullish continuation setup with higher targets if support sustains.
Price recently pulled back after a sharp rise but is holding above the support zone and support trend line.
If the support holds, gold is expected to bounce and resume its upward move.
Key resistance levels to watch are 3873 and 3900, with a potential target at 3910 (New ATH).
A break below the support trend line could weaken bullish momentum, but as long as it holds, the outlook remains positive.
👉 Overall, the analysis suggests a bullish continuation setup with higher targets if support sustains.
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t.me/Signal_Expert78
🔥 What You’ll Get:
✅ Daily Forex signals with high accuracy
✅ Technical & fundamental analysis
✅ Risk management tips to protect your capital
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t.me/Signal_Expert78
🔥 What You’ll Get:
✅ Daily Forex signals with high accuracy
✅ Technical & fundamental analysis
✅ Risk management tips to protect your capital
📩 Join now and start winning
t.me/Signal_Expert78
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.