Gold (CFDs on Gold, 1-hour timeframe) is showing strong bullish continuation signals after testing support levels and reacting positively above the designated Buying area. This setup highlights a structured long opportunity aiming for higher liquidity and resistance objectives.
​Key Technical Highlights:
​Support Defense: Price has successfully tested the lower structural range and found buyers near the 4,058 entry region, keeping the short-term upward bias intact.
​Multi-Target Objectives:
​Target 1: ~4,081
​Target 2: ~4,103
​Target 3 (Extended): ~4,124
​Trading Plan / Setup:
​Bias: Bullish (Buy / Long)
​Entry Zone: Around current levels / retest of the entry region (~4,058)
​Stop Loss (SL / Invalidation): Placed strictly below the structural invalidation support (~4,035)
​Take Profit (TP): Scaled across targets at 4,081, 4,103, and 4,124
​Educational Disclaimer: This analysis is published for educational and informational purposes only and should not be construed as professional financial or investment advice. Trading CFDs and commodities involves substantial risk of loss and is not suitable for every investor. Always perform your own due diligence and manage your risk accordingly before executing any trades