This is a 1-hour chart of Gold CFDs (XAU/USD) from TradingView, showing a technical analysis setup. Here’s what it suggests:
1. Uptrend and Resistance:
The price is in an uptrend, approaching a blue trendline (resistance level).
The most recent high reached around $2,918 before pulling back.
2. Support Zones:
Two blue horizontal lines near $2,911 and $2,906 indicate support levels where buyers may step in.
3. Potential Price Movement (Black Arrow):
The chart suggests a retracement to the support area.
After finding support, the price could rebound upward, continuing the bullish trend.
4. Key Levels to Watch:
$2,918 (current price level)
$2,911 - $2,906 (potential buy zone)
Uptrend resistance (near $2,940 or above)
This analysis suggests a possible buying opportunity around the support levels, aiming for another bullish leg up.
1. Uptrend and Resistance:
The price is in an uptrend, approaching a blue trendline (resistance level).
The most recent high reached around $2,918 before pulling back.
2. Support Zones:
Two blue horizontal lines near $2,911 and $2,906 indicate support levels where buyers may step in.
3. Potential Price Movement (Black Arrow):
The chart suggests a retracement to the support area.
After finding support, the price could rebound upward, continuing the bullish trend.
4. Key Levels to Watch:
$2,918 (current price level)
$2,911 - $2,906 (potential buy zone)
Uptrend resistance (near $2,940 or above)
This analysis suggests a possible buying opportunity around the support levels, aiming for another bullish leg up.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.