Gold
Long
Updated

XAUUSD h4 buying target levels

277
GOLD (XAU/USD) - 4H Analysis

Price is currently reacting from a well-defined support zone (demand area) near $3,250–3,270, which previously acted as strong resistance and now flipped to support.

🔍 I'm watching for bullish confirmation from this zone for a potential upward move toward the next resistance levels.

🎯 Targets:

Target 1: $3,400 (First key resistance)

Target 2: $3,460 (Major resistance & previous high)

📉 If price fails to hold above the support area, this setup will be invalidated. Risk management is key.

This idea is based on structure breakout and price respecting previous resistance turned support zone.

📊 Levels:
Support (Entry Area): $3,250 – $3,270

Target 1: $3,400

Target 2: $3,460

Invalidation Below: $3,240

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GOLD
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Note
snapshot
Gold 150 pips done

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