Gold (XAUUSD) is currently trading between two significant zones — a ⏫ 1H Order Block above and a 🛑 Major Support level at 3268.
At this stage, price action remains undecided, and we have a few key scenarios to monitor:
🔄 Potential Scenarios:
📌 Price taps into the 1H OB, then shows signs of rejection — this could trigger a move back down toward support.
⬇️ Price drops directly to 3268, where buyers may step in for a potential bounce.
🚀 If the price breaks through the OB, it may continue pushing up toward the liquidity area around 3248.
⚠️ If support fails, we could see a deeper bearish continuation.
These zones are crucial for both intraday and swing setups. Be patient and wait for a clean reaction to catch a high-probability move.
At this stage, price action remains undecided, and we have a few key scenarios to monitor:
🔄 Potential Scenarios:
📌 Price taps into the 1H OB, then shows signs of rejection — this could trigger a move back down toward support.
⬇️ Price drops directly to 3268, where buyers may step in for a potential bounce.
🚀 If the price breaks through the OB, it may continue pushing up toward the liquidity area around 3248.
⚠️ If support fails, we could see a deeper bearish continuation.
These zones are crucial for both intraday and swing setups. Be patient and wait for a clean reaction to catch a high-probability move.
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💹 Gold & GBP Specialists
📈 Weekly Targets: 1000-1500 Pips
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 Fundamentals & Technical Insights
💹 Gold & GBP Specialists
📈 Weekly Targets: 1000-1500 Pips
⚡ Mastering Chart Patterns Together
💰 Account management
📥 Join us @ t.me/+n_4YMWihWGtmZWI0
💹 Gold & GBP Specialists
📈 Weekly Targets: 1000-1500 Pips
⚡ Mastering Chart Patterns Together
💰 Account management
📥 Join us @ t.me/+n_4YMWihWGtmZWI0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.