๐ XAU/USD Demand Bounce โ Bullish Setup Activated!
๐จโ๐ป Dear traders,
Gold (XAU/USD) is showing a solid reaction from a well-formed demand zone near $3,308, with bullish candles forming a potential reversal pattern on the 1H timeframe. Buyers are stepping in after extended downside pressure.
Bias โ Bullish (Intraday Play)
๐ฏ Target 1 โ $3,380
๐ฏ Target 2 โ $3,397
๐ฏ Final Target โ $3,410
๐ Stop Loss โ $3,297
๐ Reasoning:
โ Clear rejection from a previous support-turned-demand zone
โ Green box = ideal long entry zone, red box = safe stop placement
โ Yellow arrows indicate projected bullish path
โ RSI divergence and increasing volume support bullish case
โ Good R:R ratio for scalpers and short-term buyers
๐ช Wait for strong candle confirmation and manage risk!
๐จโ๐ป Dear traders,
Gold (XAU/USD) is showing a solid reaction from a well-formed demand zone near $3,308, with bullish candles forming a potential reversal pattern on the 1H timeframe. Buyers are stepping in after extended downside pressure.
Bias โ Bullish (Intraday Play)
๐ฏ Target 1 โ $3,380
๐ฏ Target 2 โ $3,397
๐ฏ Final Target โ $3,410
๐ Stop Loss โ $3,297
๐ Reasoning:
โ Clear rejection from a previous support-turned-demand zone
โ Green box = ideal long entry zone, red box = safe stop placement
โ Yellow arrows indicate projected bullish path
โ RSI divergence and increasing volume support bullish case
โ Good R:R ratio for scalpers and short-term buyers
๐ช Wait for strong candle confirmation and manage risk!
JOIN MY TELEGRAM SIGNAL ROOM ๐๐
t.me/+34ueMgSmKoM5ODc8
For Gold: ๐๐
t.me/+34ueMgSmKoM5ODc8
t.me/+34ueMgSmKoM5ODc8
For Gold: ๐๐
t.me/+34ueMgSmKoM5ODc8
Related publications
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.
JOIN MY TELEGRAM SIGNAL ROOM ๐๐
t.me/+34ueMgSmKoM5ODc8
For Gold: ๐๐
t.me/+34ueMgSmKoM5ODc8
t.me/+34ueMgSmKoM5ODc8
For Gold: ๐๐
t.me/+34ueMgSmKoM5ODc8
Related publications
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.