XAUUSD is currently experiencing a consolidation, highlighted by the elliptical zone on the 4-hour chart. Price is showing signs of exhaustion within this area, and the supply behind the ellipse suggests a potential continuation lower.
If the market pushes slightly further down, I’ll be watching for a bullish reversal setup in the highlighted supply zone. A confirmed pattern on the 4-hour or 2-hour timeframe would signal a high-probability bounce from this liquidity area.
Trade idea: Wait for a clear reversal signal before considering long positions. Avoid chasing the initial drop.
If the market pushes slightly further down, I’ll be watching for a bullish reversal setup in the highlighted supply zone. A confirmed pattern on the 4-hour or 2-hour timeframe would signal a high-probability bounce from this liquidity area.
Trade idea: Wait for a clear reversal signal before considering long positions. Avoid chasing the initial drop.
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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.