Gold (XAUUSD) has been consolidating near critical resistance at $2,670, showing signs of a potential breakout. 📊 With bullish momentum building, this setup offers a high-risk/reward opportunity for traders aiming to ride the wave toward $2,680 and beyond! Key Highlights: Resistance: $2,670 (breakout zone). Support: $2,655 and $2,653 (pullback levels). ...
Gold (XAU/USD) is showing bullish momentum as it breaks above key moving averages and the Bollinger Bands' upper range. With a potential upside target near $2,660, this setup offers an attractive risk-reward opportunity. Keep an eye on the 4-hour EMA alignment and price action for further confirmation. Are you riding the wave? Share your thoughts below! 📊💡
This idea highlights a bearish continuation setup for XAU/USD after a rejection at the 2,637 resistance level. The price is respecting the short-term downtrend, forming lower highs and lower lows. A short position is taken with: Entry Point (EP): 2,637 Stop Loss (SL): 2,650 (above resistance zone) Take Profit (TP): 2,615 (key support level) The setup...
This chart illustrates a demand zone analysis on the XAU/USD (Gold) market, showcasing a strong reversal pattern after price tested a key demand zone (highlighted in purple). The marked zone represents a high-probability area for potential buy opportunities, with the price reacting positively and pushing upward toward a defined target at $2,638.30. The trade...
This chart highlights the current market structure for XAU/USD. Key zones of interest have been marked: Supply Zone (Red Area): Between $2,647 and $2,651, indicating potential resistance where sellers may enter. Demand Zone (Lower Purple Area): Around $2,618 to $2,622, signaling potential support where buyers may step in. The price is currently trading...
This analysis focuses on XAU/USD showcasing a symmetrical triangle pattern, signaling potential breakout scenarios. The chart highlights key zones for trade entries, stop losses, and take-profit targets. Analysis Details: Current Market Condition: The price is consolidating within a symmetrical triangle, indicating indecision in the market. Such...
This post highlights a technical analysis of XAU/USD with a focus on key levels and market structure on the lower timeframe. The chart depicts potential zones of interest for intraday traders, aiming to capitalize on short-term price movements. Market Overview: Gold (XAU/USD) is currently in a consolidative phase, reflecting reduced volatility ahead of key...
This post highlights a technical analysis of XAU/USD with a focus on key levels and market structure on the lower timeframe. The chart depicts potential zones of interest for intraday traders, aiming to capitalize on short-term price movements. Market Overview: Gold (XAU/USD) is currently in a consolidative phase, reflecting reduced volatility ahead of key...