XAUUSD / OVERALL UNDER UPWARD PRESSURE / 1H

anteayer

XAUUSD / 1H TIME FRAME

HELLO TRADERS

Current Trend and Demand Zone , After a price drop into a demand zone (between $2,733 and $2,727), the asset rebounded, yielding a 160-pip profit. The ongoing bullish pressure suggests further upward momentum.

Targets and Supply Zones , The price aims to reach $2,750 following a retest of the demand zone. Afterward, it may push into a supply zone ($2,754 to $2,758), with potential to hit a new ATH at $2,775 if the momentum continues.

Downside Risks , A breakdown below the current demand zone could indicate a decline towards a secondary demand zone ($2,722 to $2,717). A breach of this lower zone would confirm a shift to a downtrend.

ayer

Operación cerrada: objetivo alcanzado

reached +140 pip profit.

ayer

Operación activa

UPDATE
The phrase “retest a demand line at $2,747” suggests that the price might fall to $2,747 before it potentially rises. The demand line often acts as a support level where
buying interest may increase, causing the price to rebound.

The prices mentioned — $2,758 and $2,775 — could be resistance points or targets for an upward movement. $2,758 seems to be an intermediate target, while $2,775 is labeled as a potential new all-time high (ATH).

The text suggests a short-term decline to $2,747, followed by a rebound and an upward trajectory. If buying pressure is strong enough, it could break through the $2,758 level and reach a new ATH at $2,775.

ayer

Operación activa

UPDATE

reached +70 pip profit , breakout the ATH currently trying to reach a new ATH.

hace 20 horas

Operación cerrada: objetivo alcanzado

reached our target +310 pip profit.

hace 20 horas

Operación activa

UPDATE

Target Price Achieved , The price recently reached a target of $2,775, signaling a significant level that was previously anticipated.

Retracement to FVG Area , Prices are expected to dip slightly to a Fair Value Gap (FVG) zone between $2,760 and $2,753. The FVG acts as a potential support or a minor correction area before another upward movement.

Next Target Level , After this anticipated retracement, prices may increase toward the next target of $2,792, maintaining an upward trajectory.

Support (Demand Zones) , The demand zone (or support) lies between $2,746 and $2,751. This is a critical area to maintain the upward momentum. A breakdown below this level could suggest a further decline toward a lower demand zone at $2,733–$2,727.

Overall Upward Pressure , Prices are generally trading with upward momentum, indicating bullish sentiment. However, breaking the specified demand zones could challenge this trend and potentially lead to a more substantial decline.