Gold Analysis (1H)
Gold rallied over 2.5% in the early Asian session, reaching highs near 5081.25. However, bullish momentum is showing signs of exhaustion, with smaller candles and declining volume.
On the 1H chart, price has entered the overbought zone:
Testing the upper Bollinger Band
RSI above 70 and starting to turn
Hidden bearish divergence present
Outlook:
A moderate pullback toward the 5000–4950 support (iFVG) is possible. After a healthy correction, price may resume the bullish trend, targeting 5100–5170.
#gold# #GOLDTODAY# #Goldboom# #igold领峰贵金属# #XAU/USD# #Signal#
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.


Leave Your Message Now