(XAU/USD) 1-hour chart, 220pips done.wait for next move

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The price followed an upward structure, as seen with the black arrows.

It hit the 2,921.126 resistance level, marking 220 pips profit from the entry.



2. Support & Resistance Levels

Support: Around 2,887.972 - 2,893.870, where buyers stepped in.

Resistance: 2,921.126 (first target), and 2,936.080 (potential next target).



3. Next Possible Move

If the price breaks 2,921.126, it could push toward 2,936.080 for further gains.

If rejected, a pullback could happen before another bullish attempt.




In short, the trade played out successfully, securing 220 pips, and now traders will watch for a continuation or retracement. Want me to draft a channel update for this win?

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