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🔥【Gold 1H Structure Update】4300 Level Being Tested Repeatedly, Weak Lows Emerging!
Currently, XAUUSDT is showing CHoCH (Change of Character) and BOS (Break of Structure) signals on the 1-hour chart, with prices bouncing back to the PWL (Potential Weak Level) and forming a "Weak Low". Right now, it's consolidating in a tight range around 4330.
⚠️ If it can't hold above the Equilibrium, we might see another test of the support zone below in the short term. Keep an eye on whether lower highs emerge to confirm the continuation of this adjustment.
📌 Current Price: 4330.5
⏰ Time Frame: 1H
🔄 View: Bearish consolidation, rebound strength is questionable
#AXUUSD #TechnicalAnalysisReference
Currently, XAUUSDT is showing CHoCH (Change of Character) and BOS (Break of Structure) signals on the 1-hour chart, with prices bouncing back to the PWL (Potential Weak Level) and forming a "Weak Low". Right now, it's consolidating in a tight range around 4330.
⚠️ If it can't hold above the Equilibrium, we might see another test of the support zone below in the short term. Keep an eye on whether lower highs emerge to confirm the continuation of this adjustment.
📌 Current Price: 4330.5
⏰ Time Frame: 1H
🔄 View: Bearish consolidation, rebound strength is questionable
#AXUUSD #TechnicalAnalysisReference
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