1️⃣ Resistance
5,048 – 5,050: Strong resistance (recent high + distribution zone).
Price reacted and was rejected at this area → indicating that selling pressure still dominates in the short term.
Only a clear candle close above 5,050 would confirm bullish continuation + breakout retest.
2️⃣ Support
4,930 – 4,932: Intermediate support (Fib 1.618).
4,917 – 4,919: Confluence with trendline.
4,843 – 4,845: Strong support (Fib 2.618 + support zone).
If price breaks below 4,843, the short-term bullish structure will be invalidated, with potential extension toward 4,740.
3️⃣ Trendline
The ascending trendline remains intact.
Price is still trading above the trendline → the technical recovery structure remains valid.
A break below the trendline would signal a transition into a deeper corrective phase.
📌 Trading Plan
BUY GOLD: 4,917 – 4,919
Stop Loss: 4,909
Take Profit: 100 – 300 – 500 pips
BUY GOLD: 4,843 – 4,845 (CPI news contingency)
Stop Loss: 4,833
Take Profit: 100 – 400 – 700 pips
SELL GOLD: 5,048 – 5,050
Stop Loss: 5,040
Take Profit: 100 – 400 – 700 pips
5,048 – 5,050: Strong resistance (recent high + distribution zone).
Price reacted and was rejected at this area → indicating that selling pressure still dominates in the short term.
Only a clear candle close above 5,050 would confirm bullish continuation + breakout retest.
2️⃣ Support
4,930 – 4,932: Intermediate support (Fib 1.618).
4,917 – 4,919: Confluence with trendline.
4,843 – 4,845: Strong support (Fib 2.618 + support zone).
If price breaks below 4,843, the short-term bullish structure will be invalidated, with potential extension toward 4,740.
3️⃣ Trendline
The ascending trendline remains intact.
Price is still trading above the trendline → the technical recovery structure remains valid.
A break below the trendline would signal a transition into a deeper corrective phase.
📌 Trading Plan
BUY GOLD: 4,917 – 4,919
Stop Loss: 4,909
Take Profit: 100 – 300 – 500 pips
BUY GOLD: 4,843 – 4,845 (CPI news contingency)
Stop Loss: 4,833
Take Profit: 100 – 400 – 700 pips
SELL GOLD: 5,048 – 5,050
Stop Loss: 5,040
Take Profit: 100 – 400 – 700 pips
Nota
The market has formed a new swing low and is now showing signs of buy-side liquidity returning, indicating that buyers are actively absorbing selling pressure.Our strategy is to wait for Buy entries around the 4,917 – 4,919 zone, as there is a high probability that the market will perform another sell-side liquidity sweep below the current structure. Price may attempt to clear remaining stop-loss orders before initiating a stronger bullish expansion.
We do not chase the market. We wait for clear structural confirmation and favorable liquidity conditions before executing any trades.
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✅MY FREE FOREX & XAUUSD SIGNALS TELEGRAM CHANNEL:
t.me/+ZuY5gdO0R-k5NWM1
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
FXWARRIOR 😘
t.me/+ZuY5gdO0R-k5NWM1
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
FXWARRIOR 😘
Pubblicazioni correlate
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.