Indices and commodities
#GOLD
Long
Closed
XAUUSD Long: Finds Support - Short-Term Recovery Toward 4,120$ for FOREXCOM:XAUUSD by heniitrading
TradingView
GOLD
Indices and commodities
Closed
Current price
3956.88
USD
PNL
-2.21%
3956.88 USD
Stop Loss
1.82%
3972.59 USD
Take Profit
1.82%
4119.87 USD
Rationale
TradingView idea: XAUUSD Long: Finds Support - Short-Term Recovery Toward 4,120$ for FOREXCOM:XAUUSD by heniitrading
TradingView symbol: XAUUSD
Hello traders! Here’s my technical outlook based on the current XAUUSD (4H) chart structure. XAUUSD remains below a long-term descending trendline after breaking down from a consolidation range. The decline found strong buying interest near the 3,960 Demand Zone, where price formed a local pivot low and started to recover.
Currently, XAUUSD is trading above the 3,960 Demand Zone while remaining below the 4,120 Supply Zone. Buyers are attempting a short-term recovery, although the broader …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Long
- Status
- Closed
- Closed
- 2026-06-30
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