XAU/USD - 1H Analysis & Trade Plan

📉 XAU/USD - 1H Analysis & Trade Plan

🔹 Market Structure:
✅ Break of Structure (BOS) confirms bullish continuation.
✅ Change of Character (ChoCH) signals potential reversals.
✅ Fair Value Gaps (FVG) indicate imbalance and possible retracements.
✅ Order Blocks (OBs) marked for potential reaction zones.

🔹 Key Levels:
✅ Support Zones: 2924-2929, 2902-2905, 2872-2882, 2834-2853
✅ Fib Retracement Levels: 0.382 (2935.84), 0.5 (2937.49), 0.618 (2943.43), 0.705 (2945.83), 0.786 (2948.37)
✅ Major Resistance: 2960

📊 Trade Plan:
🔹 Watch for a reaction at the 2924-2929 zone for a potential bounce.
🔹 If support holds, bullish move toward 2960 is likely.
🔹 If price breaks below 2902-2905, expect further downside to 2872-2882.

#FXFOREVER #XAUUSD #GoldAnalysis #SmartMoney #LiquidityHunt #BOS #FVG #PriceAction