Gold (XAU/USD) – 1H Chart Analysis

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Gold (XAU/USD) – 1H Chart AnalysisGold vs US DollarPEPPERSTONE:XAUUSDmfadisalehGold (XAU/USD) – 1H Chart Analysis Trend: Price is moving in an uptrend, supported by the rising red trendline. Key Support: 3640 – 3650 zone (blue demand area). Key Resistance: 3707 – 3710 (red horizontal line). Scenarios: Bullish (green): Pullback to 3640–3650 then strong rally toward 3730–3750. Moderate (red): Small correction, retest resistance, then gradual rise. Sideways (blue): Range movement before breakout. Smart Money Signals: Recent BOS (Break of Structure) shows bullish bias. A close below 3640 would invalidate upside scenarios. 👉 Bias: Bullish above 3640, targeting 3707 → 3730–3750.