On the Gold (XAUUSD) 5-minute chart, after a strong selloff, price has respected a demand/order block zone (approx. 4,060–4,080), with buyers showing renewed activity from this area.
Key Observations:
Current price: 4,074.235
Immediate support: 4,060–4,080 zone (green order block) – price is currently consolidating just above this zone
Deeper support: 4,020–4,045 zone if the first support fails
Major resistance ahead: 4,100–4,120 (red supply zone), followed by stronger supply areas at 4,135–4,145 and 4,160+
Bias:
Short-term bullish as long as price holds above the 4,060 support zone. Recent price action shows a higher low forming, supporting bullish momentum.
Possible Scenario:
Price could move toward 4,100, and if momentum stays strong, it may test the 4,120 resistance level. This is a key zone where either a rejection or a breakout is possible — reaction at this level will help confirm the next directional bias.
Invalidation:
If price closes below 4,060, the bullish scenario would be invalidated, and the 4,020–4,040 zone could become the next target.
⚠️ Disclaimer: This is technical analysis only. Please follow proper risk management before trading.
Key Observations:
Current price: 4,074.235
Immediate support: 4,060–4,080 zone (green order block) – price is currently consolidating just above this zone
Deeper support: 4,020–4,045 zone if the first support fails
Major resistance ahead: 4,100–4,120 (red supply zone), followed by stronger supply areas at 4,135–4,145 and 4,160+
Bias:
Short-term bullish as long as price holds above the 4,060 support zone. Recent price action shows a higher low forming, supporting bullish momentum.
Possible Scenario:
Price could move toward 4,100, and if momentum stays strong, it may test the 4,120 resistance level. This is a key zone where either a rejection or a breakout is possible — reaction at this level will help confirm the next directional bias.
Invalidation:
If price closes below 4,060, the bullish scenario would be invalidated, and the 4,020–4,040 zone could become the next target.
⚠️ Disclaimer: This is technical analysis only. Please follow proper risk management before trading.
Transaction en cours
Trade fermée: cible de profit atteinte
Target Reached 100 Pips 
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.