XAU/USD | Get Ready for Another Bullrun, $3500 is Coming!
-

By analyzing the gold chart on the 4-hour timeframe, we can see that on Friday, the price finally closed at $3350. After the market opened today, we saw an initial correction down to $3339 (exactly as expected), followed by another strong bullish wave, pushing gold above $3400 just moments ago. If the price stabilizes below $3398 within the next 4 hours, I expect a potential rejection toward $3388 and $3377. However, if gold holds above $3400, the next target will be $3409. Key demand zones are $3365–$3375, and levels $3355, $3344, and $3336.Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
-
Your analysis is spot on and very detailed! I love how you break down the demand zones and possible rejection levels it really helps me understand the market better. Keep sharing, this is super helpful