XAUUSD/GOLD 1H BUY PROJECTION 02.03.26

Wait 5 sec.

XAUUSD/GOLD 1H BUY PROJECTION 02.03.26GoldOANDA:XAUUSDkripsonfx97Gold on the 1-hour timeframe is showing a strong bullish structure. Price has respected the ascending parallel channel and successfully retested the previous resistance, which is now acting as support. We can also see a clear Three White Soldiers pattern, indicating strong buying momentum and continuation probability to the upside. Currently, price is holding above the support zone around 5390 – 5395, which is a key intraday demand area. As long as price stays above this level, bullish continuation remains valid. 👉 Buy zone: Near the support retest area 👉 Target 1: Around the R1 resistance zone near 5410 👉 Target 2: Trendline resistance near 5430 – 5435 👉 Stop-loss: Below 5380 Overall sentiment remains bullish, and any pullback into support can be considered a buying opportunity while the structure holds.