XAUUSD TODAY'S MAPPING IN 4H TF
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Here we are mapping chart of XAUUSD ( GOLD ) in 4-Hour TF
This chart shows the price of gold (XAUUSD) over time. The price is moving in an upward trend (light blue channel).
Current Situation: The price recently dropped but is near a strong support area (gray zone).
Prediction: If the price stays above this support, it might bounce back up and continue rising.
Risk: If it falls below the support zone, the trend could change.
Basically, the idea is that gold might go up again after a small dip, but if it breaks below support, the trend could reverse.
Here we are mapping chart of XAUUSD ( GOLD ) in 4-Hour TF
This chart shows the price of gold (XAUUSD) over time. The price is moving in an upward trend (light blue channel).
Current Situation: The price recently dropped but is near a strong support area (gray zone).
Prediction: If the price stays above this support, it might bounce back up and continue rising.
Risk: If it falls below the support zone, the trend could change.
Basically, the idea is that gold might go up again after a small dip, but if it breaks below support, the trend could reverse.
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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.