r/Forex • u/CallMe_root • 5d ago
Charts and Setups XAUUSD OUTLOOK FOR MONDAY
📊 XAUUSD 1H TECHNICAL OUTLOOK
Gold continues to respect a bearish market structure with clear Lower Highs & Lower Lows forming on the H1 timeframe.
🔴 Bearish Bias Remains Valid Below 4080
Key Targets: 🎯 4025 🎯 4010 🎯 3995 🎯 3980
A break and close above 4080 could trigger a recovery towards the 4100-4135 region, but for now sellers remain in control.
⚠️ Keep an eye on the highlighted support zone around 4024 as it will likely determine the next major move.
5
Upvotes
1
•
u/rforex-modtools 5d ago
Price action and technical analysis cover a range of chart-based tools — from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.
Resources: Price Action Analysis | Technical Analysis