XAUUSD TODAY'S MAPPING IN 4H TF
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Here we are mapping chart of XAUUSD ( GOLD ) in 4-Hour TF
This chart shows the price of gold (XAUUSD) over time. The price is moving in an upward trend (light blue channel).
Current Situation: The price recently dropped but is near a strong support area (gray zone).
Prediction: If the price stays above this support, it might bounce back up and continue rising.
Risk: If it falls below the support zone, the trend could change.
Basically, the idea is that gold might go up again after a small dip, but if it breaks below support, the trend could reverse.
Here we are mapping chart of XAUUSD ( GOLD ) in 4-Hour TF
This chart shows the price of gold (XAUUSD) over time. The price is moving in an upward trend (light blue channel).
Current Situation: The price recently dropped but is near a strong support area (gray zone).
Prediction: If the price stays above this support, it might bounce back up and continue rising.
Risk: If it falls below the support zone, the trend could change.
Basically, the idea is that gold might go up again after a small dip, but if it breaks below support, the trend could reverse.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.