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XAUUSD Analysis – Daily Trading Plan
Overall Picture:
Gold’s bullish trend remains extremely clear, reflecting the market’s strong confidence in this safe-haven asset amid ongoing global economic and geopolitical uncertainties. The continuous series of new ATHs highlights that buyers are firmly in control of the market.
However, from a technical perspective, the $4,000/oz level stands out as a significant psychological round-number resistance. This zone also coincides with the Monthly Fibonacci extension target, making it highly likely that profit-taking will emerge once price approaches this level. Any reaction here will largely depend on external factors and key news events, which must be closely monitored.
Technical Outlook:
Primary Trend: Strong bullish momentum on both Daily and Monthly timeframes.
Momentum: Still positive, though $4,000 may trigger short-term corrections.
> SUPPORT KEY / BUY ZONES : 3800- 3787 - 3750 - 3723 - 3713 - 3703
> RESISTANCE KEY / SELL ZONES : 3825 - 3835 - 3865 - 3880
Trading Plan for Today:
>>> SELL ZONE:
(1) ENTRY: 3969 - 3973
SL: 3976
TP: 3900 - 3890
(2) ENTRY: 3995 - 4005
SL: 4010
TP: 3900 - 3800 - ...
>>> BUY ZONE:
ENTRY: 3885 - 3900
SL: 3880
TP: 3940 - 3970 - 3995 - ...
Risk Management:
- Maintain a minimum Risk:Reward ratio of 1:2.
- Manage position sizing carefully; avoid overtrading at psychological highs.
- Monitor U.S. economic data and geopolitical news closely, as these could act as catalysts for corrective moves.
Conclusion:
Gold remains in a powerful bullish cycle with no signs of cooling down yet. However, the $4,000/oz mark is a critical psychological and technical barrier where corrective pullbacks are likely to occur. Traders should continue to favor long setups but remain vigilant around this zone, closely observing price reactions to refine their strategies.
WISH EVERYONE A PROFITABLE NEW WEEK!
XAUUSD Analysis – Daily Trading Plan
Overall Picture:
Gold’s bullish trend remains extremely clear, reflecting the market’s strong confidence in this safe-haven asset amid ongoing global economic and geopolitical uncertainties. The continuous series of new ATHs highlights that buyers are firmly in control of the market.
However, from a technical perspective, the $4,000/oz level stands out as a significant psychological round-number resistance. This zone also coincides with the Monthly Fibonacci extension target, making it highly likely that profit-taking will emerge once price approaches this level. Any reaction here will largely depend on external factors and key news events, which must be closely monitored.
Technical Outlook:
Primary Trend: Strong bullish momentum on both Daily and Monthly timeframes.
Momentum: Still positive, though $4,000 may trigger short-term corrections.
> SUPPORT KEY / BUY ZONES : 3800- 3787 - 3750 - 3723 - 3713 - 3703
> RESISTANCE KEY / SELL ZONES : 3825 - 3835 - 3865 - 3880
Trading Plan for Today:
>>> SELL ZONE:
(1) ENTRY: 3969 - 3973
SL: 3976
TP: 3900 - 3890
(2) ENTRY: 3995 - 4005
SL: 4010
TP: 3900 - 3800 - ...
>>> BUY ZONE:
ENTRY: 3885 - 3900
SL: 3880
TP: 3940 - 3970 - 3995 - ...
Risk Management:
- Maintain a minimum Risk:Reward ratio of 1:2.
- Manage position sizing carefully; avoid overtrading at psychological highs.
- Monitor U.S. economic data and geopolitical news closely, as these could act as catalysts for corrective moves.
Conclusion:
Gold remains in a powerful bullish cycle with no signs of cooling down yet. However, the $4,000/oz mark is a critical psychological and technical barrier where corrective pullbacks are likely to occur. Traders should continue to favor long setups but remain vigilant around this zone, closely observing price reactions to refine their strategies.
WISH EVERYONE A PROFITABLE NEW WEEK!
Trade ist aktiv
>>> SELL ZONE: ENTRY: 3969 - 3973 HIT +240 PIPS ;)
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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.