XAUUSD H4 Chart Analysis
Bearish Trend Reversal Confirmed
Key Highlights:
- Choch pattern formed after multiple Break of Structure (BOS) events
- Trend reversal from bullish to bearish confirmed
- Recent fill of Fair Value Gap observed
Market Outlook:
Gold poised for decline after filling Fair Value Gap and bouncing off Point of Interest (POI)
Trading Strategy:
- Selling Zone: 2640-2660
- Stop Loss: 2680 (above POI)
- Take Profit targets:
1. 2610
2. 2570
3. 2540
Bearish Trend Reversal Confirmed
Key Highlights:
- Choch pattern formed after multiple Break of Structure (BOS) events
- Trend reversal from bullish to bearish confirmed
- Recent fill of Fair Value Gap observed
Market Outlook:
Gold poised for decline after filling Fair Value Gap and bouncing off Point of Interest (POI)
Trading Strategy:
- Selling Zone: 2640-2660
- Stop Loss: 2680 (above POI)
- Take Profit targets:
1. 2610
2. 2570
3. 2540
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Unlock Market Insights! 🚀
Join our Telegram for expert analysis, free trading signals & real-time updates. Stay ahead in the game.👇
t.me/OliviaGrace_0
Join our Telegram for expert analysis, free trading signals & real-time updates. Stay ahead in the game.👇
t.me/OliviaGrace_0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.