🟡 XAUUSD Long Swing Setup — Bullish Continuation in Play
Technical Overview:
Gold (XAUUSD) is maintaining a strong bullish 4H trend, respecting a clean ascending trendline. After a recent retracement, price has tapped into a clear demand zone (gray box) between $3,345–$3,360, offering a potential re-entry point aligned with market structure.
Trend: Bullish 4H structure intact
Highs: Prior liquidity above $3,409 swept
Entry Zone: $3,345–$3,360 (demand zone & trendline confluence)
Target: $3,498.21 (prior major high)
Risk Level: Invalidation below $3,312.46 (last structural low)
R:R Potential: Approx. 1:4 based on current structure
Fundamentals Supporting a Long Bias:
Inflation & Rate Cut Expectations:
With the Fed expected to cut rates later this year amid signs of easing inflation, gold remains a preferred hedge against USD debasement.
Lower yields reduce opportunity cost of holding gold, attracting institutional flows.
Global Uncertainty:
Persistent geopolitical tensions and central bank gold buying (notably from China and Russia) are supporting long-term gold strength.
USD Weakness Signs:
DXY (US Dollar Index) has shown signs of topping out, which may provide a tailwind for gold in the coming weeks.
Central Bank Accumulation:
Record-level gold buying by central banks supports the macro bullish trend — gold remains a reliable store of value as sovereigns diversify away from USD.
📍Trade Plan Summary:
Entry Zone: $3,345–$3,360
Stop Loss: Below $3,312
Take Profit: $3,498
Potential Upside: +4.39% / $146.95
Trade Duration: 1–2 weeks (short- to medium-term swing)
Conclusion:
This setup offers a textbook retracement entry in a bullish market structure, with macro fundamentals and technicals aligned. Monitoring key levels around FOMC or major economic data is crucial, but bias remains long above the trendline and demand zone.
Technical Overview:
Gold (XAUUSD) is maintaining a strong bullish 4H trend, respecting a clean ascending trendline. After a recent retracement, price has tapped into a clear demand zone (gray box) between $3,345–$3,360, offering a potential re-entry point aligned with market structure.
Trend: Bullish 4H structure intact
Highs: Prior liquidity above $3,409 swept
Entry Zone: $3,345–$3,360 (demand zone & trendline confluence)
Target: $3,498.21 (prior major high)
Risk Level: Invalidation below $3,312.46 (last structural low)
R:R Potential: Approx. 1:4 based on current structure
Fundamentals Supporting a Long Bias:
Inflation & Rate Cut Expectations:
With the Fed expected to cut rates later this year amid signs of easing inflation, gold remains a preferred hedge against USD debasement.
Lower yields reduce opportunity cost of holding gold, attracting institutional flows.
Global Uncertainty:
Persistent geopolitical tensions and central bank gold buying (notably from China and Russia) are supporting long-term gold strength.
USD Weakness Signs:
DXY (US Dollar Index) has shown signs of topping out, which may provide a tailwind for gold in the coming weeks.
Central Bank Accumulation:
Record-level gold buying by central banks supports the macro bullish trend — gold remains a reliable store of value as sovereigns diversify away from USD.
📍Trade Plan Summary:
Entry Zone: $3,345–$3,360
Stop Loss: Below $3,312
Take Profit: $3,498
Potential Upside: +4.39% / $146.95
Trade Duration: 1–2 weeks (short- to medium-term swing)
Conclusion:
This setup offers a textbook retracement entry in a bullish market structure, with macro fundamentals and technicals aligned. Monitoring key levels around FOMC or major economic data is crucial, but bias remains long above the trendline and demand zone.
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.
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.