📉 1. Overall Trend
🔹 Previous Main Trend: BEARISH
Price is still under pressure from the medium-term descending trendline (upper dotted black line). This acts as a strong technical selling zone whenever price approaches it.
🔹 Short-Term Trend: RECOVERY UPWARD MOVE
From the most recent low, price has formed a short-term ascending trendline (lower dotted black line) with the structure of:
• Higher Lows
• Higher Highs
➡️ The market is currently in a recovery phase within the previous larger downtrend.
📈 2. Key Trendlines
🔺 Short-term Ascending Trendline
Acts as dynamic support
Price repeatedly bounces when touching this line
If this ascending trendline breaks → the recovery structure ends → higher chance of returning to the downtrend
🔻 Medium-term Descending Trendline
Creating overhead pressure
Confluences with a strong resistance zone → forming a selling confluence area
🟦 3. SUPPORT Zones
🟢 Near Support: 4,886 – 4,888
Aligned with the most recent pullback low
🟢 Deeper Support: 4,800 – 4,802 (Fibonacci 0.5)
Accumulation zone before the strong rally
Losing this zone → short-term bullish structure completely breaks
🟥 4. RESISTANCE Zones
🔴 Near Resistance: 5,100
Price is reacting strongly at this level
A technical pullback may occur
🔴 Major Resistance: 5,234
Aligned with Fibonacci 1.618
Near the major descending trendline
➡️ This is the strongest confluence resistance
➡️ High probability of heavy selling pressure
📌 Trade Setups
BUY GOLD: 4,886 – 4,888
Stop Loss: 4,876
Take Profit: 100 – 300 – 500 pips
SELL GOLD: 5,234 – 5,236
Stop Loss: 5,246
Take Profit: 100 – 300 – 500 pips
🔹 Previous Main Trend: BEARISH
Price is still under pressure from the medium-term descending trendline (upper dotted black line). This acts as a strong technical selling zone whenever price approaches it.
🔹 Short-Term Trend: RECOVERY UPWARD MOVE
From the most recent low, price has formed a short-term ascending trendline (lower dotted black line) with the structure of:
• Higher Lows
• Higher Highs
➡️ The market is currently in a recovery phase within the previous larger downtrend.
📈 2. Key Trendlines
🔺 Short-term Ascending Trendline
Acts as dynamic support
Price repeatedly bounces when touching this line
If this ascending trendline breaks → the recovery structure ends → higher chance of returning to the downtrend
🔻 Medium-term Descending Trendline
Creating overhead pressure
Confluences with a strong resistance zone → forming a selling confluence area
🟦 3. SUPPORT Zones
🟢 Near Support: 4,886 – 4,888
Aligned with the most recent pullback low
🟢 Deeper Support: 4,800 – 4,802 (Fibonacci 0.5)
Accumulation zone before the strong rally
Losing this zone → short-term bullish structure completely breaks
🟥 4. RESISTANCE Zones
🔴 Near Resistance: 5,100
Price is reacting strongly at this level
A technical pullback may occur
🔴 Major Resistance: 5,234
Aligned with Fibonacci 1.618
Near the major descending trendline
➡️ This is the strongest confluence resistance
➡️ High probability of heavy selling pressure
📌 Trade Setups
BUY GOLD: 4,886 – 4,888
Stop Loss: 4,876
Take Profit: 100 – 300 – 500 pips
SELL GOLD: 5,234 – 5,236
Stop Loss: 5,246
Take Profit: 100 – 300 – 500 pips
Trade geschlossen: Ziel wurde erreicht
BUY GOLD: 4,886 – 4,888Stop Loss: 4,876
Take Profit: 100 – 300 – 500 pips
FULL TP3 +500PIPS
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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.
✅MY FREE FOREX & XAUUSD SIGNALS TELEGRAM CHANNEL:
t.me/+ZuY5gdO0R-k5NWM1
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
FXWARRIOR 😘
t.me/+ZuY5gdO0R-k5NWM1
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
FXWARRIOR 😘
Verbundene Veröffentlichungen
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.