Gold (XAUUSD) H1 Analysis

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According to my analysis: Price is facing strong resistance near $2,640 and shows signs of bearish momentum. A potential drop toward the $2,589 support level is likely, supported by technical rejections and a stronger U.S. Dollar. Trade setup favors short entries around $2,612 with targets at $2,589 and stop-loss above $2,623.

Note: This analysis is for educational purpose not a trading advice, trade at your own risk.

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تم فتح الصفقة

Now We can Place sell Order from $2614.370/ and set target to $2600.00 and SL At $2622.500

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تم إغلاق الصفقة يدويًا

We gained 90+ pips as it reached 2605.436 then it pulled back and hit our today's SL.