avatar
· Views 198
— XAUUSD/H1 —  ➤ Market Update  Price has successfully tested the 4860 area and formed a short-term swing high at a key supply zone, indicating that sellers are beginning to step in and defend higher prices.  ➤ Today’s Scenario:  - Key zone: Price is likely to retest the 4848 – 4855 supply zone for confirmation  - Following confirmation : We expect a corrective move back within the channel, maintaining the current range structure   + Short-term target: 4791 (range low )   + Extended target: 4733 – 4725 (Demand zone)  This is a key structural support area and a liquidity attraction zone, where buyers are likely to step in

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.

Reply 0

Leave Your Message Now

  • tradingContest