Market Overview Quarterly Chart - Bullish momentum continues into Q1 2025, printing new highs above Q4 2024 levels. - Six consecutive quarters of higher highs and higher lows reflect sustained bullish momentum. Monthly Chart - Breakout from a short consolidation phase, with January closing above December and November highs. - Price has broken above...
Bullish Momentum Stalls as Shorts Remain in Focus Market Overview Bullish price action continued on Thursday, with the daily candle printing a higher high and higher low range. Price closed above the previous bearish candles, maintaining the overall bullish structure. However, price remains within the consolidation range, with highs near 2940 and lows around...
Indecision at Previous ATH as Shorts Remain in Focus Market Overview Wednesday’s daily candle printed a doji, testing the previous ATH and 2940 consolidation high. Entered shorts at these levels, took an initial loss, but considering re-engagement today. While this goes against the Monthly and Weekly trends, the Daily timeframe shows indecision, reinforcing a...
Trading the Consolidation: Positioning for a Potential Reversal Market Overview Tuesday remained within consolidation, and closing above Friday’s open. Preferred long entries remain near 2860 for better risk-reward. Midweek reversal potential in play, positioning for shorts at 2940 highs. Key Observations 2940 tested, but not an ideal long entry – 2860 remains...
Low Volatility as XAUUSD Holds Inside Consolidation Market Overview Monday printed an inside bar after the U.S. Presidents’ Day holiday, leading to low volatility. Price remains between 2940 IT-HH and 2860 ST-HL, with a failure swing below Friday’s low at 2880 but no decisive break. 4H chart confirms continued consolidation, keeping price within the range. ...
Tracking Key Levels: XAUUSD Monitors High-Timeframe POIs Amid Bullish Expansion Market Context Quarterly Chart XAUUSD remains in a bullish breakout, printing higher highs and higher lows for the last six quarters. No pullbacks in six quarters, reinforcing strong trend continuation. Monthly Chart February follows a short consolidation after expansion, with a...
Bulls Hold Control as XAUUSD Targets Higher Prices Market Overview Thursday’s session confirmed bullish momentum, closing above Tuesday’s bearish open and establishing a new POI for long entries near 2910. Price opened and closed above 2900, forming a Short-Term Higher Low (ST-HL) at 2864 from Wednesday’s session. The weekly candle continues expanding...
XAUUSD Holds Above 2900 as Bullish Momentum Builds Market Overview Price tested 2870-2880 POI, reacted with a strong buying wick, and closed above 2900. The weekly profile suggests further continuation into Thursday and Friday. Re-entered long positions at POI using 4H chart confirmation. Key Observations 4H Chart Confirmation: Price consolidated...
XAUUSD Holds Momentum While 2900 Faces Rejection Market Overview Price continued higher but rejected 2900, leaving a long wick. Key re-entry zones: 2870-2880 POI (aligned with last week’s Thursday high and open). Tuesday’s low, which holds liquidity for potential continuation. Key Observations Rejection at 2900: Selling pressure present, but no...
XAUUSD Approaching Key Levels – 2900 in Focus Market Overview Price broke above 2882 after printing a new ST-HL at 2834 closing above 2900, with 3000 as the next key level Key Zones 2870-2880: POI for re-entry if price retraces 2895: Intraday low – possible liquidity sweep 2890: Friday’s high – watch for reaction Next Steps Scale out...
Tracking Key Levels: XAUUSD Targets Fresh Highs Amid Bullish Momentum Market Overview As we begin Week 07, XAUUSD continues its bullish expansion across all higher time frames. Quarterly: Q4 made a higher high and closed back in the Q2 range, printing a doji that hinted at indecision. Monthly: January closed above all previous months, confirming strong bullish...
This week, we're focusing on how consolidations set up the biggest moves in the market. Next week, we’ll track consolidations on a hand-drawn intraday chart—either 1H, 2H, or 4H (still deciding on the best fit). Key Observations from the Study - 87.5 percent of consolidations (7 out of 8) showed manipulation at one end before expanding in the opposite...
Quick Takeaways Bullish Momentum Advances: XAUUSD has broken through the 2689 POI, with price currently holding slightly above this level. Target 2726 in Sight: Price is advancing toward 2726, a key resistance and liquidity zone. Traders should monitor closely for either continuation or reversal signals. Inside Bar Setup: The Short-Term HL at 2656 remains a...
Instrument: XAUUSD Timeframe: 4H Market Context 🌐 - XAUUSD continues to trade within a medium-term range established on November 14. - This week opened near the middle of the range following last week’s bearish reversal, with price continuing to face downward pressure. Key Observations 🕵️♂️ Weekly Open Dynamics: - Price opened near 2650 (weekly...
Patterns tell you what. Price tells you why. 🎯 Here’s a clean example of price structure: Lower Highs and Lower Lows signaling potential continuation. A tighter consolidation shows indecision, often preceding a breakout. What I’ve found is that hand-drawing these moves deepens your focus, slows you down, and builds your trader intuition. It’s not about...