XAUUSD (H1) – Buy
- Bias: Bullish rebound from the 3960–3965 support zone.
- Entry: Buy after a bullish confirmation candle above 3965–3970.
- Stop Loss: 3955 (below the support zone).
- Take Profit 1: 4000
- Take Profit 2: 4025
- Take Profit 3: 4040
Confirmation: A break above 4000 with strong bullish momentum increases the probability of a move toward 4025–4040. If price closes below 3960, invalidate the buy setup.
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XAUUSD H1 Analysis
Gold has broken out of the descending channel and is testing a key resistance zone around 4028–4033. A confirmed break and retest could open the way toward 4045–4060, while rejection from this area may lead to a move back toward 4000. Patience is key—I'm waiting for confirmation before considering a trade.
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