As outlined in yesterday's analysis, as long as the 2015 zone remains intact, the bullish outlook prevails in 
XAUUSD, and we can anticipate a rise above Friday's high.
Indeed, this scenario unfolded, and the price managed to climb to the 2030 zone.
However, following an initial correction during yesterday's trading session, Gold failed to surpass the 2030 mark and began to decline once more.
The structure on the hourly chart suggests the potential for a correction, but any potential drop should be viewed as a favorable opportunity to buy at better prices.
With that said, my stance remains bullish as long as the 2010-2015 zone holds firm.
In my view, declines towards that support range should be seen as buying opportunities.
XAUUSD, and we can anticipate a rise above Friday's high. Indeed, this scenario unfolded, and the price managed to climb to the 2030 zone.
However, following an initial correction during yesterday's trading session, Gold failed to surpass the 2030 mark and began to decline once more.
The structure on the hourly chart suggests the potential for a correction, but any potential drop should be viewed as a favorable opportunity to buy at better prices.
With that said, my stance remains bullish as long as the 2010-2015 zone holds firm.
In my view, declines towards that support range should be seen as buying opportunities.
Nota
NY open update:XauUsd is very quiet, however is flirting with recent high which provides resistance now
Nota
Later edit:A break above 2030 would potentially expose 2040 important resistance
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
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.