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Here we are mapping chart of XAUUSD (Gold) in 4-Hour TF
Here's a details about analysis: ⬇️
Ascending Channel:
The price is trending upwards within the channel, indicating bullish momentum.
The channel acts as dynamic support at middle area of parallel channel
According to support area
XAUUSD BUY AT 2662
TARGET WILL BE 2725
Bullish: A bounce from channel support or a breakout above 2,725 could push the price higher.
Bearish: A breakdown below the channel could indicate a reversal or deeper correction.
Here we are mapping chart of XAUUSD (Gold) in 4-Hour TF
Here's a details about analysis: ⬇️
Ascending Channel:
The price is trending upwards within the channel, indicating bullish momentum.
The channel acts as dynamic support at middle area of parallel channel
According to support area
XAUUSD BUY AT 2662
TARGET WILL BE 2725
Bullish: A bounce from channel support or a breakout above 2,725 could push the price higher.
Bearish: A breakdown below the channel could indicate a reversal or deeper correction.
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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.
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.