Bias: Bullish
Gold remains structurally bullish on the 4-hour timeframe as price continues to respect the overall higher high and higher low sequence.
I am currently monitoring a potential continuation setup after price retraces into the Fibonacci value area between the 50%-61.8% levels.
From a fundamental perspective, easing geopolitical tensions may reduce some safe-haven demand, but the overall market remains highly sensitive to upcoming US macroeconomic events.
Key events to monitor:
* FOMC statement
* Federal Reserve interest rate decision
* Economic projections (dot plot)
* Fed Chair press conference
These events could inject significant volatility into XAUUSD.
Bullish scenario
* Price holds above the Fibonacci support zone.
* Buyers defend the retracement area.
* Gold resumes its uptrend toward higher resistance levels.
Bearish risk
* A hawkish Federal Reserve stance (higher-for-longer interest rates) could strengthen the US Dollar and pressure gold prices lower.
* Failure to hold the retracement zone may invalidate the bullish setup.
Trade idea: Wait for confirmation inside the 50%-61.8% Fibonacci zone rather than chasing price.
Gold remains structurally bullish on the 4-hour timeframe as price continues to respect the overall higher high and higher low sequence.
I am currently monitoring a potential continuation setup after price retraces into the Fibonacci value area between the 50%-61.8% levels.
From a fundamental perspective, easing geopolitical tensions may reduce some safe-haven demand, but the overall market remains highly sensitive to upcoming US macroeconomic events.
Key events to monitor:
* FOMC statement
* Federal Reserve interest rate decision
* Economic projections (dot plot)
* Fed Chair press conference
These events could inject significant volatility into XAUUSD.
Bullish scenario
* Price holds above the Fibonacci support zone.
* Buyers defend the retracement area.
* Gold resumes its uptrend toward higher resistance levels.
Bearish risk
* A hawkish Federal Reserve stance (higher-for-longer interest rates) could strengthen the US Dollar and pressure gold prices lower.
* Failure to hold the retracement zone may invalidate the bullish setup.
Trade idea: Wait for confirmation inside the 50%-61.8% Fibonacci zone rather than chasing price.
Trade ist aktiv
If prices doesn't go through 0.618 levels expect a deeper retest.
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.
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.