Timeframe: H4
As I previous mentioned areas that moved as it continue rally moved to targeting swing 4400 - 4435. Gold remains in a strong bullish trend after breaking out of its previous consolidation range. The current price action suggests a healthy pullback toward the key support zone around 4,225, where buyers may step in before the next bullish leg begins.
A successful hold above the support zone could provide an excellent buying opportunity, with the potential for Gold to resume its uptrend. The primary upside target is the 4,400–4,435 target zone. If bullish momentum remains strong, further gains beyond this area are possible.
📈 Trade Idea:
Bias: Buy
Key Support: 4,225
Target Zone: 4350 - 4475 - 4400 – 44435
Strategy: Wait for bullish confirmation near the support zone before entering. Consider managing risk by moving your stop loss to breakeven once the trade moves in your favor.
Risk Disclaimer: Trading forex and commodities involves substantial risk. Always use proper risk management and never risk more than you can afford to lose.
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Its 4435. My mistake
No, I didn't pay attention to that because I was in a hurry to catch up on market news. I couldn't correct it.
4350 - 4475 - 4400 – 44435
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