Expected Near Term Movement for Gold Hourly Timeframe
Gold is currently moving within a broad sideways range, positioned near buying zones that have formed on the hourly timeframe.
An upward move is anticipated soon, targeting the supply zones located at the upper boundary of this sideways range.
Expected Targets
Gold is expected to rise from current price levels—or from the identified demand zones near 4112—targeting the 4150, 4170, and 4188 levels, respectively.
Even in the event of a decline toward the demand zones near 4088, an upward move remains expected, provided that clear buying signals emerge first to confirm the setup.
