XAU/USD – 30-Minute Technical Setup
Gold has been gliding upward, respecting a clean ascending structure, printing higher highs with strength. But as price taps into the $3,242–$3,267 supply zone, momentum begins to fade.
A potential rejection here signals a structural shift. If the trendline breaks, we could see a clean move down toward the $3,176 demand zone, with $3,203 acting as soft interim support.
This setup reflects precision and patience , anticipating a transition from bullish strength to calculated bearish correction, with a balanced risk-to-reward approach.
Confirmation is very important.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis.
#XAUUSD 30M Technical Analysis Expected Move.
Gold has been gliding upward, respecting a clean ascending structure, printing higher highs with strength. But as price taps into the $3,242–$3,267 supply zone, momentum begins to fade.
A potential rejection here signals a structural shift. If the trendline breaks, we could see a clean move down toward the $3,176 demand zone, with $3,203 acting as soft interim support.
This setup reflects precision and patience , anticipating a transition from bullish strength to calculated bearish correction, with a balanced risk-to-reward approach.
Confirmation is very important.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis.
#XAUUSD 30M Technical Analysis Expected Move.
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Related publications
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.