Bias: Bullish
Gold remains structurally bullish on the 4-hour timeframe as price continues to respect the overall higher high and higher low sequence.
I am currently monitoring a potential continuation setup after price retraces into the Fibonacci value area between the 50%-61.8% levels.
From a fundamental perspective, easing geopolitical tensions may reduce some safe-haven demand, but the overall market remains highly sensitive to upcoming US macroeconomic events.
Key events to monitor:
* FOMC statement
* Federal Reserve interest rate decision
* Economic projections (dot plot)
* Fed Chair press conference
These events could inject significant volatility into XAUUSD.
Bullish scenario
* Price holds above the Fibonacci support zone.
* Buyers defend the retracement area.
* Gold resumes its uptrend toward higher resistance levels.
Bearish risk
* A hawkish Federal Reserve stance (higher-for-longer interest rates) could strengthen the US Dollar and pressure gold prices lower.
* Failure to hold the retracement zone may invalidate the bullish setup.
Trade idea: Wait for confirmation inside the 50%-61.8% Fibonacci zone rather than chasing price.
Gold remains structurally bullish on the 4-hour timeframe as price continues to respect the overall higher high and higher low sequence.
I am currently monitoring a potential continuation setup after price retraces into the Fibonacci value area between the 50%-61.8% levels.
From a fundamental perspective, easing geopolitical tensions may reduce some safe-haven demand, but the overall market remains highly sensitive to upcoming US macroeconomic events.
Key events to monitor:
* FOMC statement
* Federal Reserve interest rate decision
* Economic projections (dot plot)
* Fed Chair press conference
These events could inject significant volatility into XAUUSD.
Bullish scenario
* Price holds above the Fibonacci support zone.
* Buyers defend the retracement area.
* Gold resumes its uptrend toward higher resistance levels.
Bearish risk
* A hawkish Federal Reserve stance (higher-for-longer interest rates) could strengthen the US Dollar and pressure gold prices lower.
* Failure to hold the retracement zone may invalidate the bullish setup.
Trade idea: Wait for confirmation inside the 50%-61.8% Fibonacci zone rather than chasing price.
Trade attivo
If prices doesn't go through 0.618 levels expect a deeper retest.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.