GOLD Analyses- 23, [August 11, 2026]

Wait 5 sec.

GOLD Analyses- 23, [August 11, 2026]GoldOANDA:XAUUSDEhsanZeydabadi Welcome to my page! I share daily technical analyses of Bitcoin and other charts here. XAUUSD 💡Market Analysis: Gold is showing a reaction to the broken trendline and resistance zone, forming a pullback setup with a strong candle. We are monitoring the price action for a continuation towards the lower targets following the breakout rules. Key Support & Resistance: Key Resistance: 4,354.545 Key Support Area: 4,231.600 - 4,240.000 🎯 Trade Entry & Exit Plan: Entry: Breakout/Pullback of trendline or key zones with >80% candle body and two waves outside the range. Stop Loss: Behind the last wave or the last breakout candle. Take Profit: Minimum R:R 2, with further targets at major horizontal levels. ⚠️Risk Management: Maximum 1% risk per trade. ❤️Please share your thoughts and comments on this analysis!