- XAUUSD/H1 -
📊 Market Update
- Gold has completed a liquidity sweep into the 4270 area but failed to sustain trading below this level.
- The price reaction suggests strong buyer absorption, with multiple M15 candles showing sharp rejections and no confirmed breakdown of the support structure. This indicates that sellers currently lack the momentum needed to extend the downside move.
- From a structural perspective, the 4270 zone is acting as a short-term Demand area and provides a solid foundation for a potential bullish recovery during today's session.
🎯 Trading Plan: Favor Buy setups based on Price Action confirmation.
• First target: 4342
• Extended target: 4380
⚠️ As long as price continues to hold above the 4270 Demand zone, the bullish recovery scenario remains the preferred bias.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.