XAUUSD Four Hr TF Pivot 25th July, 2022
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Support and Resistance levels for the 5th Four Hour Period for the Day
RESISTANCE 3
1735.20
RESISTANCE 2
1729.73
RESISTANCE 1
1724.41
PIVOT
1718.94
SUPPORT 1
1713.62
SUPPORT 2
1708.15
SUPPORT 3
1702.83
Possible Resistance for the fifth four hour is at 1727.07.
1708 and 1702 are the possible Supports if price is to slide.
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Support and Resistance levels for the 4th Four Hour Period for the Day
RESISTANCE 3
1733.35
RESISTANCE 2
1730.51
RESISTANCE 1
1726.53
PIVOT
1723.69
SUPPORT 1
1719.71
SUPPORT 2
1716.87
SUPPORT 3
1712.89
Possible Resistance for the fourth four hour is at 1728.52.
1716 and 1712 are the possible Supports if price is to slide.
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XAUUSD 4HR TF:
XAUUSD price closed on the 25th July, 2022 at 1719.38
Opening price for today is 1718.54
Pivot for the day is 1723.36 and this is above market open price.
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The 1hr chart is currently showing that market price is currently Ranging.
The market Price is currently around the 4 hour Time Frame Pivot.
Price may breakout higher towards Resistance 1 (1721.76 area) before jumping further to 1724.15 (Resistance 2).
Break and close above that level will definitely take price to Resistance 3 (1727.00 area).
Support 1, which is at the 1716.52 area is currently being eyed by the Bears.
A break below Support 1 may take price to Support 2 (1713.67 area).
Break and close below that level will definitely take price to Support 3 (1711.28 area).
Overall bias on the 1 hour chart is that market price is currently Ranging.
Find below computation results for Pivot Point, Support and Resistance levels for the 1st Four Hour Period for 26 July, 2021.
Support and Resistance levels for the 1st Four Hour Period for the Day
Resistance 3
1727.00
Resistance 2
1724.15
Resistance 1
1721.76
Pivot Point
1718.91
Support 1
1716.52
Support 2
1713.67
Support 3
1711.28
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Possible Support for the first four hour is at 1715.
1724 and 1727 are the possible resistances if price is to go up.
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