📊 Instrument: XAUUSD (Gold/US Dollar)
We're seeing signs of buyer absorption and a potential shift in short-term momentum.
🔍 Key Observations:
Strong Buy-Side Delta at 08:25–08:30 PM (+216, +217) with decent volume suggests aggressive buyers are stepping in.
Prior heavy sell volume (e.g., 2.63K total @ 08:10 PM with -103 delta) failed to break support, hinting at seller exhaustion.
Recent candles are consolidating with light volume and balanced delta, indicating a pause or re-accumulation phase.
🧠 Bias: Mild Bullish-to-Neutral
Holding above 3,335 shows price stability after prior selling.
Watch for a break above 3,338–3,340 to confirm bullish continuation.
Break below 3,334 with aggressive selling would invalidate the current thesis.
📌 Trade Idea (Not Financial Advice):
Long bias above 3,338 with tight risk parameters.
Waiting for confirmation via delta expansion and volume buildup.
Discipline | Consistency | Patience
We're seeing signs of buyer absorption and a potential shift in short-term momentum.
🔍 Key Observations:
Strong Buy-Side Delta at 08:25–08:30 PM (+216, +217) with decent volume suggests aggressive buyers are stepping in.
Prior heavy sell volume (e.g., 2.63K total @ 08:10 PM with -103 delta) failed to break support, hinting at seller exhaustion.
Recent candles are consolidating with light volume and balanced delta, indicating a pause or re-accumulation phase.
🧠 Bias: Mild Bullish-to-Neutral
Holding above 3,335 shows price stability after prior selling.
Watch for a break above 3,338–3,340 to confirm bullish continuation.
Break below 3,334 with aggressive selling would invalidate the current thesis.
📌 Trade Idea (Not Financial Advice):
Long bias above 3,338 with tight risk parameters.
Waiting for confirmation via delta expansion and volume buildup.
Discipline | Consistency | Patience
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.