XAUUSD Gold Technical Analysis and Trade Idea

👉 🔍 In this video, we take a detailed look at XAU/USD Gold. Recently, it broke structure on the daily time frame with a strong bullish move toward previous resistance levels. However, the 4-hour chart is currently showing a pattern of lower highs and lower lows, suggesting a short-term downward trend. Despite this, the price seems to be holding steady, and I'm watching for a potential bullish breakout. If the price breaks resistance and retraces into the 50%-61.8% Fibonacci zone, it could present a buying opportunity. As always, this video is intended for educational purposes and should not be taken as financial advice. 📊 ✅

Trade closed: target reached

XAUUSD close now 4R

fxtraderanthony

👀 🚀 Clarity In The CHAOS - See 'Buy/Sell Signals Built To WIN' Video: 🔥💰
🔗 youtu.be/HmO91TrA9cM
👉Join Our Free DISCORD For MORE:
🔗 discord.com/invite/PcBeCdwVQq
👉 LinkTree:
🔗 linktr.ee/anthonyborn

Also on:

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.

fxtraderanthony

Also on: