XAUUSD 1H Forecast
✅ Structure Summary:
The market is in a clear bearish trend, forming lower highs and lower lows.
Price has tapped into a validated 1H LQ Close zone, showing early signs of a bullish reaction.
A large untouched supply zone remains above, possibly acting as a future trap.
🔮 Price Forecast:
📈 Short-Term Bullish Scenario:
Price could bounce from the current LQ Close zone and rally toward the descending trendline.
It may interact with local liquidity pools or minor supply zones on the way — Phase 1 inducement in progress.
📉 Main Bearish Scenario:
Upon reaching the descending trendline or supply area, price could reverse again following the Phase 2 inducement, aligning with the broader bearish structure.
Downside targets include the 3180 region, and potentially lower toward 3150 if momentum increases
✅ Structure Summary:
The market is in a clear bearish trend, forming lower highs and lower lows.
Price has tapped into a validated 1H LQ Close zone, showing early signs of a bullish reaction.
A large untouched supply zone remains above, possibly acting as a future trap.
🔮 Price Forecast:
📈 Short-Term Bullish Scenario:
Price could bounce from the current LQ Close zone and rally toward the descending trendline.
It may interact with local liquidity pools or minor supply zones on the way — Phase 1 inducement in progress.
📉 Main Bearish Scenario:
Upon reaching the descending trendline or supply area, price could reverse again following the Phase 2 inducement, aligning with the broader bearish structure.
Downside targets include the 3180 region, and potentially lower toward 3150 if momentum increases
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.