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区块财富

06/16 17:31

#TradingSignals $XAUT

Hello traders! Here’s my technical outlook based on the current XAUUSD (1h) chart structure. XAUUSD previously traded below a descending resistance line before breaking below a consolidation range and extending its bearish move. After breaking down from a consolidation range, price hit a local bottom and reversed into a steady ascending channel.

XAUUSD is now trading between the 4,300 Demand Zone and the 4,370 Supply Zone. The recent breakout and retest of the channel's lower support line indicate that the bearish momentum has faded, setting up a potential bounce.

As long as price holds above the 4,300 Demand Zone, the bullish scenario remains valid. A successful bounce from current levels could push XAUUSD back toward 4,370 and eventually the 4,410 target (Supply 2). Manage your risk!

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