Gold (XAU/USD) – 1-Hour Time Frame Analysis
Gold is currently trading within an upward parallel channel on the 1-hour chart. The price has been consistently respecting both the support and resistance zones of this channel.
At the moment, Gold is positioned near the lower boundary (support zone) of the channel. From this level, we anticipate a strong bullish move, potentially triggering a significant upside.
Current Price: 3331
Target: 3402
Stop-Loss: 3312
Traders may look for confirmation at the support zone before entering long positions, with favorable risk-to-reward potential.
Gold is currently trading within an upward parallel channel on the 1-hour chart. The price has been consistently respecting both the support and resistance zones of this channel.
At the moment, Gold is positioned near the lower boundary (support zone) of the channel. From this level, we anticipate a strong bullish move, potentially triggering a significant upside.
Current Price: 3331
Target: 3402
Stop-Loss: 3312
Traders may look for confirmation at the support zone before entering long positions, with favorable risk-to-reward potential.
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Join my telegram channel for free signals and analysis
t.me/goldprotraderrrrr
t.me/goldprotraderrrrr
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。