đź“Š Technical Analysis | 1H
#XAUUSD
Based on the price action around the current support zone, the possible scenarios have been identified.
As long as the price remains above the support zone, a trend reversal and the start of an upward move are possible. If the support zone is broken, the downtrend may continue toward the next support levels.
⚠️ Price reaction to key levels and proper risk management will play an important role in confirming the next market scenario.
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