Gold Spot / U.S. Dollar
Long
Updated

Gold 1H | Bullish Structure Continues with Higher Highs.

161
Analysis:
Gold is currently trading near 4108, maintaining a strong bullish structure on the 1-hour timeframe. The market continues to form higher highs and higher lows, confirming the ongoing uptrend momentum.

📊 Key Technical Levels:

Support: 4090

Resistance: 4135

Observation Zones (Targets): 4130 and 4160

As long as the price remains above the 4090 support, bullish momentum is likely to stay intact. A clear break above 4135 could encourage continuation toward the upper resistance zone near 4160.

💡 Technical Outlook:
The trend remains supported by strong market sentiment and safe-haven demand, with buyers continuing to dominate the short-term structure.

🕓 Timeframe: 1H
📈 Trend Bias: Bullish
⚙️ Analysis Tools Used: Support & Resistance, Market Structure, Price Action

Regards: Forex Insights pro.
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Trade active
Gold continued its upward move from the 4110 zone, reaching the 4130 area in line with the prevailing bullish structure. The trend remains supported by strong buying momentum and sustained safe-haven demand as market sentiment stays positive.
Trade closed: target reached
Gold continued its bullish momentum from the 4110 zone and reached the 4160 area, in line with the prevailing upward structure. The move reflects sustained safe-haven demand and positive market sentiment, as buyers remain in control within the short-term trend.

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