← All Analyses
O
XAUUSD
Bullish

XAUUSD Price Action Study

Niketan Chenva
Niketan Chenva
2d ago
XAUUSD Price Action Study

 XAUUSD is showing a strong bullish move followed by consolidation near the recent high. Price is holding above the recent support area around 4362–4365, while 4380 is acting as an important resistance. For a bullish continuation, I will watch for a clean breakout and sustain above 4380. If price rejects 4380 and loses 4362 support, the bullish structure may weaken. My focus is on price action, candle behaviour, and confirmation rather than predicting the next candle. 

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by GoCharting. Read more in the Terms of Use.

Comments (0)

Loading comments…