This chart represents a gold (XAU/USD) price analysis on the 1-hour timeframe using CFDs (Contracts for Difference). The analysis suggests a potential bullish move from a support zone.
Key elements in the chart:
1. S Buy Zone (Support Area):
The pink-shaded area around 2,840 - 2,856 is identified as a buy zone, meaning it’s an area where buyers are expected to step in.
2. Price Action & Bullish Outlook:
The price has reached the buy zone and is showing signs of reversal.
The blue arrows suggest a potential bullish movement, with price expected to rise after a bounce from the buy zone.
3. Target Resistance:
The blue line at 2,918.396 is a possible target level, indicating where the price might move in the coming sessions.
Conclusion:
This is a bullish setup, predicting that gold will rebound from the buy zone and move toward the 2,918 resistance level. It suggests a buy opportunity for traders looking for an upside move.
Key elements in the chart:
1. S Buy Zone (Support Area):
The pink-shaded area around 2,840 - 2,856 is identified as a buy zone, meaning it’s an area where buyers are expected to step in.
2. Price Action & Bullish Outlook:
The price has reached the buy zone and is showing signs of reversal.
The blue arrows suggest a potential bullish movement, with price expected to rise after a bounce from the buy zone.
3. Target Resistance:
The blue line at 2,918.396 is a possible target level, indicating where the price might move in the coming sessions.
Conclusion:
This is a bullish setup, predicting that gold will rebound from the buy zone and move toward the 2,918 resistance level. It suggests a buy opportunity for traders looking for an upside move.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.