XAUUSD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVIE POSSIBLE CHEAIN
This chart represents a technical analysis of Gold (XAU/USD) on a 1-hour timeframe. Here’s what it suggests:
1. Support and Resistance Zones:
The blue and green highlighted areas represent key resistance and support zones.
The price is currently around $2,896, with a support zone near $2,893 - $2,888.
The main resistance levels are $2,921 and $2,936.
2. Projected Price Movement:
The black arrow and zigzag pattern suggest an expected bullish movement.
It indicates that the price may first test the support area ($2,893 - $2,888) before bouncing higher toward $2,921 - $2,936.
3. Auto Pitchfork Tool:
The pitchfork tool suggests a potential trend channel, likely indicating areas where price could react.
Trading Implication:
If the price holds above $2,893, buyers may step in, pushing it towards $2,921 - $2,936.
If the support fails, the price could decline further.
Would you like a more detailed trading strategy based on this?
1. Support and Resistance Zones:
The blue and green highlighted areas represent key resistance and support zones.
The price is currently around $2,896, with a support zone near $2,893 - $2,888.
The main resistance levels are $2,921 and $2,936.
2. Projected Price Movement:
The black arrow and zigzag pattern suggest an expected bullish movement.
It indicates that the price may first test the support area ($2,893 - $2,888) before bouncing higher toward $2,921 - $2,936.
3. Auto Pitchfork Tool:
The pitchfork tool suggests a potential trend channel, likely indicating areas where price could react.
Trading Implication:
If the price holds above $2,893, buyers may step in, pushing it towards $2,921 - $2,936.
If the support fails, the price could decline further.
Would you like a more detailed trading strategy based on this?
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.