🎯 Trade Setup
Direction: Long on pullback
🔹 Entry: $4,160–$4,180
🛑 Stop Loss: $4,140
🎯 Take Profit 1: $4,185
🎯 Take Profit 2: $4,210
Tarot TradingView: XAUUSD — Will the Rally Continue?
Tarot Spread
Question: What market dynamics are most likely for XAUUSD over the next 24 hours?
The Chart — Current Situation:
Structure matters more than emotion. Price action is being driven by objective data. Following a strong impulse, technical levels and confirmation are crucial.
Three of Stonks — Key Factor:
Buyer support, collective profit-taking, and a favorable news backdrop maintain a moderately bullish bias.
Paper Hands — Likely Scenario:
Profit-taking, volatile consolidation, or a brief pullback may occur before the next directional move.
News
Gold is holding near a weekly high following weaker-than-expected US employment data. Nonfarm payrolls increased by only 57,000 versus the 110,000 forecast, reducing expectations for a September Fed rate hike and weakening the dollar. Central banks also added a net 41 tonnes of gold to their reserves in May. The next important catalyst is the US ISM Services PMI. Reuters/MarketScreener, Vantage
Conclusion
The cards and market data broadly align: the underlying bias remains bullish, but consolidation or a brief corrective move is likely after the strong advance. Waiting for a controlled pullback appears preferable to chasing the price.
Tarot is used as a creative format. This publication does not constitute investment advice.
⚠️ Not financial advice.
Direction: Long on pullback
🔹 Entry: $4,160–$4,180
🛑 Stop Loss: $4,140
🎯 Take Profit 1: $4,185
🎯 Take Profit 2: $4,210
Tarot TradingView: XAUUSD — Will the Rally Continue?
Tarot Spread
Question: What market dynamics are most likely for XAUUSD over the next 24 hours?
The Chart — Current Situation:
Structure matters more than emotion. Price action is being driven by objective data. Following a strong impulse, technical levels and confirmation are crucial.
Three of Stonks — Key Factor:
Buyer support, collective profit-taking, and a favorable news backdrop maintain a moderately bullish bias.
Paper Hands — Likely Scenario:
Profit-taking, volatile consolidation, or a brief pullback may occur before the next directional move.
News
Gold is holding near a weekly high following weaker-than-expected US employment data. Nonfarm payrolls increased by only 57,000 versus the 110,000 forecast, reducing expectations for a September Fed rate hike and weakening the dollar. Central banks also added a net 41 tonnes of gold to their reserves in May. The next important catalyst is the US ISM Services PMI. Reuters/MarketScreener, Vantage
Conclusion
The cards and market data broadly align: the underlying bias remains bullish, but consolidation or a brief corrective move is likely after the strong advance. Waiting for a controlled pullback appears preferable to chasing the price.
Tarot is used as a creative format. This publication does not constitute investment advice.
⚠️ Not financial advice.
Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel:
t.me/elibrianalytics
Telegram Channel:
t.me/elibrianalytics
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel:
t.me/elibrianalytics
Telegram Channel:
t.me/elibrianalytics
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.