Xauusd analysis is ready gold make new record

4 Şub

This is a technical analysis of Gold Spot (XAU/USD) on the 1-hour timeframe. The analysis includes key levels, trend patterns, and potential price movements:

1. Current Price: The price of gold is at $2,811.38, showing a slight decline.


2. Buy & Sell Levels:

Buy Price: $2,811.86

Sell Price: $2,810.92



3. Support & Stop-Loss: A stop-loss level is set at $2,793, indicating a risk management level where traders would exit if the price drops.


4. Target Price (TP):

First Target Price (TP1): $2,844

Demon Zone (Resistance): $2,875



5. Chart Pattern:

There is a cup and handle pattern, a bullish reversal signal suggesting potential upside movement.

The price is expected to bounce off support and move towards the first target before reaching the resistance zone ($2,875).



6. Trade Expectation:

If the price holds above support and breaks resistance at $2,844, it may continue towards $2,875.

If the price falls below $2,793, the stop-loss will activate, indicating a trend failure.




This analysis suggests a bullish outlook if key resistance levels are breached while maintaining risk management through stop-loss placement.

4 Şub

Not

Running trades profit steel hold gold will be fly

4 Şub

İşlem aktif

80 Pips running

4 Şub

Not

250 pips running trades profit gold will be fly

4 Şub

Not

Tp1 Successful 330 pips done

5 Şub

Not

400 pips running

5 Şub

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580 pips running