XAU/USD: Prepare for a new all-time high near $3000?! (READ)

Gold's one-hour chart analysis indicates that the price has precisely followed our prior estimate, reaching the projected level of $2951. Comparing the last five assessments demonstrates the accuracy of these projections.

Gold is currently priced about $2947, down from $2951 when it peaked. I foresee a little retracement before another upward movement.


Short-term aims include $2954 and $2956.
Medium-term aims are $2966 and $2969.

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🚀 XAU/USD – Bullish or Bearish? Key Levels to Watch! 📊
💰 Gold Spot (XAU/USD) - 1H Chart Analysis

🔥 Key Observations:
🔹 BOS (Break of Structure) confirms strong market movement.
🔹 Bearish Order Block (OB) at the top suggests potential resistance.
🔹 Liquidity Grabs ($$$) & FVG (Fair Value Gaps) indicate smart money activity.
🔹 Bullish Rejection Blocks (30m & 1H TFs) could act as key demand zones.

📈 Possible Scenarios:
📌 Bullish Case: If price holds above the Bullish Rejection Block, we might see a push towards $2,950 - $2,960.
📌 Bearish Case: A rejection from the Bearish OB could send gold back towards $2,920 - $2,900.

🔔 Key Levels to Watch:
✅ Resistance: $2,950 - $2,960
✅ Support: $2,920 - $2,900

💬 What’s your bias? Bullish or Bearish? Drop your thoughts below! ⬇️🔥

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