🟡 XAUUSD (Gold) Analysis – 4H Chart
📊 Technical Analysis:
🔹 Uptrend in Ascending Channel – Gold remains in a strong bullish channel, respecting trendline support 2904-2906$
🔹 Recent Pullback & Rejection – Price bounced off the lower channel boundary, suggesting continuation.
🔹 Potential Upside Target – A move towards $3,000+ aligns with channel resistance.
🔹 Risk Management – Stop loss placed below recent swing low 2881$ to protect against downside risk.
🌎 Fundamental Analysis:
🟢 Weakening USD – A softer dollar supports gold prices.
🟢 Geopolitical Risks – Uncertainty drives safe-haven demand.
🟢 Interest Rate Expectations – If the Fed hints at rate cuts, gold could gain further momentum.
🎯 Bias: Bullish as long as price stays within the channel. A break below could shift sentiment.
This is not Financial Advice just education purposes.
📊 Technical Analysis:
🔹 Uptrend in Ascending Channel – Gold remains in a strong bullish channel, respecting trendline support 2904-2906$
🔹 Recent Pullback & Rejection – Price bounced off the lower channel boundary, suggesting continuation.
🔹 Potential Upside Target – A move towards $3,000+ aligns with channel resistance.
🔹 Risk Management – Stop loss placed below recent swing low 2881$ to protect against downside risk.
🌎 Fundamental Analysis:
🟢 Weakening USD – A softer dollar supports gold prices.
🟢 Geopolitical Risks – Uncertainty drives safe-haven demand.
🟢 Interest Rate Expectations – If the Fed hints at rate cuts, gold could gain further momentum.
🎯 Bias: Bullish as long as price stays within the channel. A break below could shift sentiment.
This is not Financial Advice just education purposes.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.