Final week, I shared a 1-hour technical evaluation on Gold (XAUUSD), the place worth was respecting a well-defined vary.
At the moment, worth motion confirmed robust acceptance above help, with higher-low formation on H1, indicating bullish continuation towards the higher boundary of the vary.
📈 Weekly Consequence:
Gold closed the week on Friday round 4509, putting worth very near the projected resistance/goal zone. The transfer revered the construction and momentum anticipated within the authentic evaluation.
🔍 Key Takeaway:
This transfer highlights the significance of:
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Greater-timeframe construction
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Clear help & resistance mapping
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Persistence in letting the market attain its goal
The market didn’t transfer randomly — it adopted construction.
⚠️ As at all times, that is technical perception, not monetary recommendation.
📌 Shared with the MQL5 group for studying and market dialogue.
