#TradeIdea XAUUSD Outlook! On the H1 chart, XAUUSD t | FBS Analytics
#TradeIdea
XAUUSD Outlook!
On the H1 chart, XAUUSD tests a critical support zone around the 2030 level. Future price action could unfold in two possible scenarios:
If the price breaks below the support level at 2030.00, it may target the next support level at 2020.00. Conversely, if bullish momentum prevails and drives the price upward, the next target could be 2040.00.
Do you expect a bullish or bearish move? Share in the comments.
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