XAUUSD Market UPDATE TimeFrame H1

We posted our updated analysis yesterday highlighting EMA5 cross and lock opening 1833 and 1841, inline with our plans to buy dips. We took our long positions from support and trailed it all the way upto our target, confirmed with our signal activation

We will now wait and see how EMA5 reacts to 1841 and weather we see a rejection here at the resistance structure or a cross and lock above. EMA5 cross and lock above 1841 will open the remaining upper levels.

Our plans to buy dips is still in play and we will continue to track the movement level to level. Please also review our 4H chart setup for further level break confirmations or rejections.

BULLISH TARGETS TARGETS

1824 - DONE

EMA5 CROSS AND LOCK ABOVE 1824 WILL OPEN 1833 and 1841

1833 - DONE

1841 - DONE

BEARISH TARGETS

EMA5 CROSS AND LOCK BELOW 1810 WILL OPEN 1802 AND 1792

SWING RANGE

1792 - 1785