🎯 Trade setup:
Direction: Short from resistance
🔻 Entry: $4,080–$4,090
🛑 Stop Loss: $4,108
🎯 Take Profit 1: $4,050
🎯 Take Profit 2: $4,035
📰 News:
Gold remains pressured by a firm US dollar and expectations that the Federal Reserve could raise rates later in 2026. Renewed US-Iran tensions increased oil prices and inflation concerns, reinforcing the case for tighter monetary policy.
Reports that both countries may pause hostilities and restart negotiations in Qatar have also reduced immediate safe-haven demand. Meanwhile, easing Treasury yields and softer rate-hike expectations after the latest PCE data provide limited support.
📊 Analysis:
XAUUSD trades around $4,062 after recovering from the $3,970 support. Price remains above EMA 20 and SMA 50, but the rebound stalled below the key $4,090 resistance.
RSI near 53 is neutral. MACD has produced a bearish crossover and its histogram has turned negative, suggesting fading bullish momentum. Stochastic RSI is oversold and beginning to recover, so another short-term test of resistance remains possible.
Scenario:
Rejection from $4,080–$4,090 followed by a break below $4,050 could send gold toward 📉 $4,035 and $4,000. Losing $3,970 would confirm broader bearish continuation.
📈 An hourly close above $4,090 could open the way toward $4,120 and the SMA 200 near $4,150.
⚠️ Not financial advice.
Direction: Short from resistance
🔻 Entry: $4,080–$4,090
🛑 Stop Loss: $4,108
🎯 Take Profit 1: $4,050
🎯 Take Profit 2: $4,035
📰 News:
Gold remains pressured by a firm US dollar and expectations that the Federal Reserve could raise rates later in 2026. Renewed US-Iran tensions increased oil prices and inflation concerns, reinforcing the case for tighter monetary policy.
Reports that both countries may pause hostilities and restart negotiations in Qatar have also reduced immediate safe-haven demand. Meanwhile, easing Treasury yields and softer rate-hike expectations after the latest PCE data provide limited support.
📊 Analysis:
XAUUSD trades around $4,062 after recovering from the $3,970 support. Price remains above EMA 20 and SMA 50, but the rebound stalled below the key $4,090 resistance.
RSI near 53 is neutral. MACD has produced a bearish crossover and its histogram has turned negative, suggesting fading bullish momentum. Stochastic RSI is oversold and beginning to recover, so another short-term test of resistance remains possible.
Scenario:
Rejection from $4,080–$4,090 followed by a break below $4,050 could send gold toward 📉 $4,035 and $4,000. Losing $3,970 would confirm broader bearish continuation.
📈 An hourly close above $4,090 could open the way toward $4,120 and the SMA 200 near $4,150.
⚠️ Not financial advice.
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t.me/elibrianalytics
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t.me/elibrianalytics
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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.
Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel:
t.me/elibrianalytics
Telegram Channel:
t.me/elibrianalytics
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.