Gold (XAUUSD) H1 Chart Analysis with D1 Doji Candlestick Insight

3月21日

Gold (XAU/USD) H1 Chart Analysis with D1 Doji Candlestick Insight

1. **Resistance Zone ($3,050 - $3,060)**
- Gold is currently testing a **resistance level** around $3,050.
- A clear **break and hold above this level** could push prices towards $3,070 or higher.

2. **Support Levels to Watch:**
- **Immediate support:** $3,040 (near 21 EMA)
- **Stronger support zone:** $3,030 (highlighted in red on the chart)
- **Major support level:** $3,020 (Key demand area)

3. **Doji Candlestick on D1 Indicates Possible Pullback**
- Yesterday’s **Doji candle on the daily timeframe (D1)** signals **market indecision** and a possible **retracement** before a continuation.
- If today's session follows with a bearish close, Gold may **reject the resistance zone** and fall towards the **$3,030 - $3,020 support area**.

4. **Bullish & Bearish Scenarios:**
- **Bullish:** If price breaks **above $3,050** and holds, we could see a rally towards **$3,070 - $3,080**.
- **Bearish:** Failure to hold above **$3,050** and a break below **$3,040-$3,030** could confirm the Doji signal, leading to a deeper correction.https://www.tradingview.com/x/FpJTxBWu/

3月21日

交易進行

Analysis highlights a bearish movement in gold (XAU/USD) after breaking a key support level. see

*1. Bearish Move Confirmed:*
- Gold dropped **100 pips** from **3043 to 3030**, indicating a strong selling pressure.
- This confirms a bearish trend is in play.

*2. Support Level Broken:*
- **3040 was acting as support**, meaning buyers were previously defending this level.
- Once price broke below **3040**, selling momentum increased, triggering a short trade.

*3. Trade Execution & Profit Strategy:*
- **Entry:** After support broke, a sell trade was activated.
- **Profit Taking:** Price hit 3030, meaning traders have already gained 100 pips.
- **Next Steps:** Secure partial profits and **hold the remaining position** for potential further downside.

*Key Takeaway:*
The breakdown of support at 3040 led to a quick drop, offering a great short opportunity. Now, traders should manage their positions—either taking profit or holding for more downside depending on risk appetite.

3月21日

交易結束：目標達成

- **Sell Entry:** Gold at 3040
- ** Hit:** 3022
- **Profit Gain:** 180 pips
- **Action:** Close all trades at 3022 for the profit.

3月21日

註釋

**Gold Update:** 📉 **Breakout below 3040 support** confirmed! Sell entry triggered, and price has now **hit 3000**, securing **400 pips profit**. Stay cautious and manage risk as volatility remains high! ✅💰