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The image you provided is a technical analysis chart for EUR/USD (Euro/US Dollar), not Gold (XAU/USD). However, I can still analyze the chart and help you with the next possible price movement based on the given trend.

EUR/USD Analysis (1H Chart):

1. Previous Price Action:

The price moved in a downtrend before forming a double bottom around February 9.

After that, it had a strong bullish breakout and created a sell zone near 1.0520–1.0530.

The price recently dropped after retesting the sell zone and has now touched a support area (highlighted in pink).



2. Current Market Condition:

The price is bouncing off a support zone around 1.0380–1.0400.

There is a potential bullish reversal if the price sustains above this level.



3. Next Possible Move (Forecast):

If the support holds, price may move upward toward 1.0454 (marked in red).

A break above 1.0454 can push the price further towards 1.0500–1.0520.

However, if the support fails, the price may drop to 1.0350–1.0300.




If you're looking for Gold (XAU/USD) analysis, please provide a specific Gold chart, and I'll analyze it for you. Let me know how you'd like to proceed!