The setup suggests a potential bullish reversal if price holds above the support block and confirms rejection with bullish momentum. The projected move targets the upper imbalance and liquidity area near 4,560, aligning with the descending trendline resistance.
Key Levels
Entry Zone: 4,504
Stop Loss: 4,487
Target: 4,561
Technical Confluence
Descending channel exhaustion
Demand zone retest
Liquidity grab from previous low
Potential bullish market structure shift
Favorable risk-to-reward setup
If buyers defend the support region successfully, XAUUSD could initiate a recovery rally toward the marked target zone. A breakdown below 4,487 would invalidate the bullish scenario and may continue the bearish trend.
Key Levels
Entry Zone: 4,504
Stop Loss: 4,487
Target: 4,561
Technical Confluence
Descending channel exhaustion
Demand zone retest
Liquidity grab from previous low
Potential bullish market structure shift
Favorable risk-to-reward setup
If buyers defend the support region successfully, XAUUSD could initiate a recovery rally toward the marked target zone. A breakdown below 4,487 would invalidate the bullish scenario and may continue the bearish trend.
Dagangan ditutup: hentian tercapai
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
join my telegram channel t.me/goldsignalicthttps://t.me/goldsignalicthttps://t.me/goldsignalict
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.