XAUUSD - 30M Chart Analysis
📊 XAUUSD - 30M Chart Analysis
🔹 Current Price: $2,912
🔹 Market Structure: Ranging
🔹 Key Resistance Zone:
$2,934 - $2,944 → Strong selling zone, wait for confirmation before shorting.
🔹 Key Demand Zones (Potential Buy Areas):
$2,881 - $2,884
$2,867 - $2,872
$2,851 - $2,856
📈 Bullish Outlook:
✅ If price holds above $2,911, we may see a push towards $2,934 - $2,944.
✅ A break above $2,944 could open the way for higher highs.
📉 Bearish Outlook:
🔻 If price breaks below $2,911, the next target will be $2,881 - $2,884.
🔻 A deeper retracement could send price to $2,867 - $2,872 or even $2,851 - $2,856.
💡 Trading Plan:
🎯 Buy Setup: Look for bullish confirmation at the demand zones.
🎯 Sell Setup: Wait for rejection at $2,934 - $2,944 for potential short entries.
🎯 Wait for confirmation before entering trades.
#XAUUSD #Gold #ForexTrading #SmartMoney #Liquidity #TechnicalAnalysis 🚀
🔹 Current Price: $2,912
🔹 Market Structure: Ranging
🔹 Key Resistance Zone:
$2,934 - $2,944 → Strong selling zone, wait for confirmation before shorting.
🔹 Key Demand Zones (Potential Buy Areas):
$2,881 - $2,884
$2,867 - $2,872
$2,851 - $2,856
📈 Bullish Outlook:
✅ If price holds above $2,911, we may see a push towards $2,934 - $2,944.
✅ A break above $2,944 could open the way for higher highs.
📉 Bearish Outlook:
🔻 If price breaks below $2,911, the next target will be $2,881 - $2,884.
🔻 A deeper retracement could send price to $2,867 - $2,872 or even $2,851 - $2,856.
💡 Trading Plan:
🎯 Buy Setup: Look for bullish confirmation at the demand zones.
🎯 Sell Setup: Wait for rejection at $2,934 - $2,944 for potential short entries.
🎯 Wait for confirmation before entering trades.
#XAUUSD #Gold #ForexTrading #SmartMoney #Liquidity #TechnicalAnalysis 🚀
fxforever
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.
fxforever
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.