GOLD H1 MARKET OUTLOOK
📊 11 April 2025
Our strategy today is to focus solely on identifying potential buying opportunities at key breakout levels. Rather than entering prematurely, we will wait for pullbacks toward these breakout areas and assess the market's reaction before considering any entries.
The first area of interest for potential long positions is the H1 support zone at 3196, where we will be watching closely for bullish confirmation. Should price continue its retracement, the next significant level is the H1 support at 3171, which may serve as a secondary opportunity to initiate buys.
Lastly, a deeper correction could bring gold toward the daily breakout level, aligning with both H4 and H1 support at 3108. This zone represents a strong confluence area, and any bullish structure or price rejection here could offer a high-probability setup.
❌ NO CONFIRMATION ❌ NO ZONE ❌ NO ENTRY
📈 R - Resistance
📉 S - Support
🕯 RBS - Resistance Become Support (Swap Zone)
🛍 SBR - Support Become Resistance (Swap Zone)
⏱️ Time Frame - Daily, Hour 4, Hour 1
In all cases, we will remain patient and disciplined, waiting for the current candle to close and for price action to confirm our bias before executing any trades. 👑@KingAaronMalek