💛 XAUUSD – AWAITING CONFIRMATION OF UPTREND – TARGET 4050 🎯
🌤 1. Overview
Hello everyone 💬
Gold today remains in a phase of indecision – waiting for signals to confirm a new trend.
On the H2 chart, the price has broken the downtrend line and is retesting this line. The structure of “higher lows” indicates that buying pressure is gradually gaining dominance.
The previous peak around 4018 is currently the decisive point for the trend – if the price confirms a breakout above, the upward momentum may extend towards the 4050 area.
Currently, the market is fluctuating within the range of 3964 – 4018, and needs to break out of this zone to determine a clearer direction.
💹 2. ICT Perspective
📈 The price has broken the downtrend line and retested the structure on the H2 chart – an early signal for the potential formation of an uptrend.
🟣 The area 3964–4018 is a short-term liquidity accumulation zone before the price expands.
🔹 OB 4040–4042 coincides with significant resistance, suitable for short sell orders (scalp) if there is a strong reaction.
💫 When the price surpasses 4018, the upward structure will be confirmed and the expansion target may aim towards 4050 – 4077.
🎯 3. Reference Trading Plan
💖 BUY scenario (priority when confirmed)
Entry: above 4018 ｜ SL: 4011
TP: 4025 – 4033 – 4050 – 4077
💢 Short SELL scenario (scalping)
Entry: 4040–4042 ｜ SL: 4046
TP: 4022 – 4015 – 3998
⚠️ 4. Important Notes
Clear confirmation is needed when breaking the 4018 zone before entering a buy order.
If the price continues to fluctuate within the 3964–4018 range, trading should be limited.
Today is Friday, manage risk more tightly, prioritise accuracy in each order.
🌷 5. Conclusion & Interaction with LanaM2
Gold is showing positive signals 💛
Be patient and wait for reactions around the 4018 zone – this could be the start of a new uptrend if clearly confirmed.
🌤 1. Overview
Hello everyone 💬
Gold today remains in a phase of indecision – waiting for signals to confirm a new trend.
On the H2 chart, the price has broken the downtrend line and is retesting this line. The structure of “higher lows” indicates that buying pressure is gradually gaining dominance.
The previous peak around 4018 is currently the decisive point for the trend – if the price confirms a breakout above, the upward momentum may extend towards the 4050 area.
Currently, the market is fluctuating within the range of 3964 – 4018, and needs to break out of this zone to determine a clearer direction.
💹 2. ICT Perspective
📈 The price has broken the downtrend line and retested the structure on the H2 chart – an early signal for the potential formation of an uptrend.
🟣 The area 3964–4018 is a short-term liquidity accumulation zone before the price expands.
🔹 OB 4040–4042 coincides with significant resistance, suitable for short sell orders (scalp) if there is a strong reaction.
💫 When the price surpasses 4018, the upward structure will be confirmed and the expansion target may aim towards 4050 – 4077.
🎯 3. Reference Trading Plan
💖 BUY scenario (priority when confirmed)
Entry: above 4018 ｜ SL: 4011
TP: 4025 – 4033 – 4050 – 4077
💢 Short SELL scenario (scalping)
Entry: 4040–4042 ｜ SL: 4046
TP: 4022 – 4015 – 3998
⚠️ 4. Important Notes
Clear confirmation is needed when breaking the 4018 zone before entering a buy order.
If the price continues to fluctuate within the 3964–4018 range, trading should be limited.
Today is Friday, manage risk more tightly, prioritise accuracy in each order.
🌷 5. Conclusion & Interaction with LanaM2
Gold is showing positive signals 💛
Be patient and wait for reactions around the 4018 zone – this could be the start of a new uptrend if clearly confirmed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.