FX.co ★ Sajidctn | XAU/USD, GOLD

*Technical Analysis of GOLD Chart (H1): Support, Resistance, Volume, RSI, and Risk Management* Lets break down this GOLD chart on the H1 timeframe. Were gonna dive into support and resistance levels, volume indicator, RSI, and how these help predict market moves. Plus, well talk risk management coz thats where the smart moneys at. Chart Overview Looking at the chart, GOLD is trading around *4208.93*. Weve got some key levels marked out - a support level at *4174.69* (yellow line) and prices bouncing between moving averages (red, blue, white lines). Support and Resistance *Support*: The yellow line at *4174.69* is a key support. If GOLD drops to this level, we might see buyers stepping in. *Resistance*: Price is hovering near recent highs around *4216.90*. Breaking above this could lead to more upside. Volume Indicator Volume is at *3686*. Not super high, suggesting not a lot of excitement in the market right now. Volume spikes usually confirm trend strength, but here its chill.

RSI (Relative Strength Index) RSI(14) is at *55.32*. This is mid-range, neither overbought (>70) nor oversold (