XAUUSD is currently experiencing a consolidation, highlighted by the elliptical zone on the 4-hour chart. Price is showing signs of exhaustion within this area, and the supply behind the ellipse suggests a potential continuation lower.
If the market pushes slightly further down, I’ll be watching for a bullish reversal setup in the highlighted supply zone. A confirmed pattern on the 4-hour or 2-hour timeframe would signal a high-probability bounce from this liquidity area.
Trade idea: Wait for a clear reversal signal before considering long positions. Avoid chasing the initial drop.
If the market pushes slightly further down, I’ll be watching for a bullish reversal setup in the highlighted supply zone. A confirmed pattern on the 4-hour or 2-hour timeframe would signal a high-probability bounce from this liquidity area.
Trade idea: Wait for a clear reversal signal before considering long positions. Avoid chasing the initial drop.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.