📊 XAU/USD Technical Analysis
Gold is currently trading around 4,618, with price showing signs of a potential bullish continuation after respecting an important support area. The chart structure remains constructive, with previous breakouts indicating strong buying interest. 🟢💰
🔑 Key Technical Levels
🟢 Support Area: 4,595 – 4,605
This is the key zone to watch. Holding above this area could give buyers the opportunity to regain momentum.
🎯 Bullish Target: 4,672
A successful rebound from support followed by renewed buying pressure could push XAU/USD toward the marked target zone.
🔴 Risk / Invalidation: Below 4,581
A decisive break below this level would weaken the bullish setup and could trigger a deeper correction.
🚀 Bullish Scenario
If price holds the 4,595–4,605 support zone and buyers step in, the next move could be toward 4,630 → 4,650 → 4,672. 📈🔥
⚠️ What to Watch
The 4,605 area is the immediate battleground between buyers and sellers. A strong bullish reaction from this zone would strengthen the continuation setup.
🔥 Bottom Line:
Support is holding — bulls are still in the game! 🐂💪 If buyers defend the zone and momentum returns, another powerful move toward 4,672 could be on the table. 🚀🏆
Gold is currently trading around 4,618, with price showing signs of a potential bullish continuation after respecting an important support area. The chart structure remains constructive, with previous breakouts indicating strong buying interest. 🟢💰
🔑 Key Technical Levels
🟢 Support Area: 4,595 – 4,605
This is the key zone to watch. Holding above this area could give buyers the opportunity to regain momentum.
🎯 Bullish Target: 4,672
A successful rebound from support followed by renewed buying pressure could push XAU/USD toward the marked target zone.
🔴 Risk / Invalidation: Below 4,581
A decisive break below this level would weaken the bullish setup and could trigger a deeper correction.
🚀 Bullish Scenario
If price holds the 4,595–4,605 support zone and buyers step in, the next move could be toward 4,630 → 4,650 → 4,672. 📈🔥
⚠️ What to Watch
The 4,605 area is the immediate battleground between buyers and sellers. A strong bullish reaction from this zone would strengthen the continuation setup.
🔥 Bottom Line:
Support is holding — bulls are still in the game! 🐂💪 If buyers defend the zone and momentum returns, another powerful move toward 4,672 could be on the table. 🚀🏆
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t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
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.
join my telegram channel free
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
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.