GOLD XAUUSD Technical Analysis and Trade Idea

Gold: A Tale of Two Timeframes - Bullish Support vs. Bearish Resistance (Technical Analysis Breakdown)

This video takes a granular look at Gold's price action across both the daily and 4-hour timeframes.

- On the daily: We explore bullish momentum retracing towards a key support level, setting the stage for potential upward movement.
- On the 4-hour: We analyze the prevailing downtrend encountering resistance, raising questions about the immediate direction.

Throughout the video, we delve into:

- Navigating price action and market structure across different timeframes.
- Identifying trends and other crucial technical indicators.
- the interplay between support and resistance levels.

This analysis is for educational purposes only and does not constitute financial advice.