This chart showcases a liquidity grab followed by a potential bullish reaction in Gold (XAU/USD).
Key Technical Highlights:
- Resistance Zone: Clearly defined around the 3,370 level, where price has consistently faced rejection.
- Support Level: Identified near the 3,220–3,230 zone, which was recently swept to collect liquidity.
- Liquidity Zone: Price dipped below support to trigger stop-losses before rebounding, signaling a possible bullish reversal.
Projected Move:
The chart suggests a bounce toward the next target at 3251.225, aligning with a previously broken support now turned resistance.
If momentum sustains, further upside could be explored toward the mid-supply zone.
Summary: The recent liquidity sweep hints at a potential short-term bullish move, with a target retracement to 3251.225. Traders should monitor price reaction at that level for confirmation or rejection.
Key Technical Highlights:
- Resistance Zone: Clearly defined around the 3,370 level, where price has consistently faced rejection.
- Support Level: Identified near the 3,220–3,230 zone, which was recently swept to collect liquidity.
- Liquidity Zone: Price dipped below support to trigger stop-losses before rebounding, signaling a possible bullish reversal.
Projected Move:
The chart suggests a bounce toward the next target at 3251.225, aligning with a previously broken support now turned resistance.
If momentum sustains, further upside could be explored toward the mid-supply zone.
Summary: The recent liquidity sweep hints at a potential short-term bullish move, with a target retracement to 3251.225. Traders should monitor price reaction at that level for confirmation or rejection.
Haftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.