XAUUSD trade Idea and Technical analysis

avatar
· Views 167

Gold remains firmly bullish, holding above the key breakout zone near 4,460–4,470 after a strong impulsive rally. The 1H structure continues to print higher highs and higher lows, with price comfortably above the 20/50/100/200 EMAs—confirming trend strength. On the 15-minute chart, price is consolidating near the highs, suggesting healthy continuation rather than exhaustion. As long as 4,462 holds as support, dips are likely to be bought, with 4,500+ remaining the next upside target.XAUUSD trade Idea and Technical analysis#XAU/USD#

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest