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Tuesday, May 12, 2026

Gold is showing strong bullish momentum on the 1H timeframe

Gold is showing strong bullish momentum on the 1H timeframe

Gold OANDA:XAUUSD

📊 XAUUSD (Gold) Analysis – Bullish Setup 🚀

Gold is showing strong bullish momentum on the 1H timeframe with a solid support zone around 4690 💪
Price action suggests buyers are stepping in with strength.

📍 Entry Zone: 4705

🎯 Targets:
✅ 1st Target: 4717
✅ 2nd Target: 4735
🔥 3rd Target: 4767

📈 Trend Bias: Bullish

⚠️ Always follow proper risk management — protect your capital first!

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source https://www.tradingview.com/chart/XAUUSD/LpgoDLNj-Gold-is-showing-strong-bullish-momentum-on-the-1H-timeframe/

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