gold (XAUUSD) outlook.

The chart displays an analysis of the Gold Spot (XAU/USD) on a 4-hour timeframe.

Major Resistance Zone:

The red zone marked at the top (around 2,725.525) represents the 1D Major Resistance, indicating a strong selling area where prices are likely to face resistance.



Supply Zone:

A smaller horizontal gray rectangle near 2,671.378 acts as a Supply Zone, where selling pressure could increase.



Demand Zone:

The green rectangle at the bottom (around 2,611.243) represents a Demand Zone, signaling potential buying interest at this level.



Break of Structure (BOS):

A horizontal line labeled BOS highlights a significant break in the market structure, suggesting a bearish shift in momentum at that point.



Trendline Support:

A rising white trendline indicates an upward trajectory and serves as a support level for the price.



Forecast:

The price is currently near the Supply Zone, and the drawn projection suggests a possible rejection at this level, leading to a retracement toward the Demand Zone.



Key Levels:

Resistance: 2,725.525, 2,684.810.

Support: 2,611.243, 2,575.548.


This chart reflects a bearish short-term outlook as the price is expected to test lower levels following rejection from the resistance/supply zones.


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ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.