XAUUSD intraday structure still shows a bearish bias after the recent upside push failed to sustain above the resistance zone.
Price is currently reacting below the sell zone, and short-term momentum continues to favor sellers.
As long as price remains below the upper resistance area, the current setup still supports a sell on pullback idea more than a buy continuation.
Sell Plan
Primary scenario remains bearish:
Sell zone: 4539 - 4541
SL: 4550.6
TP1: 4530.4
TP2: 4520.3
TP3: 4510.2
The preferred execution is to wait for price to retest the zone and show bearish confirmation before entering.
Avoid chasing price after a strong impulsive drop.
Buy Plan
Buy is only an alternative scenario:
Only consider long positions if price reclaims and holds above 4545 - 4550
Confirmation should come from strong bullish candles / breakout acceptance
Upside targets: 4558 / 4565 / 4575
My View
At the moment, SELL remains the primary plan and BUY is only a secondary scenario if structure changes.
Trade the zone, not emotion.
Wait for pullback, wait for confirmation, and manage risk properly.
This analysis is for planning purposes only, not financial advice.
#XAUUSD #Gold #Forex #TradingView #PriceAction #JTrader
Price is currently reacting below the sell zone, and short-term momentum continues to favor sellers.
As long as price remains below the upper resistance area, the current setup still supports a sell on pullback idea more than a buy continuation.
Sell Plan
Primary scenario remains bearish:
Sell zone: 4539 - 4541
SL: 4550.6
TP1: 4530.4
TP2: 4520.3
TP3: 4510.2
The preferred execution is to wait for price to retest the zone and show bearish confirmation before entering.
Avoid chasing price after a strong impulsive drop.
Buy Plan
Buy is only an alternative scenario:
Only consider long positions if price reclaims and holds above 4545 - 4550
Confirmation should come from strong bullish candles / breakout acceptance
Upside targets: 4558 / 4565 / 4575
My View
At the moment, SELL remains the primary plan and BUY is only a secondary scenario if structure changes.
Trade the zone, not emotion.
Wait for pullback, wait for confirmation, and manage risk properly.
This analysis is for planning purposes only, not financial advice.
#XAUUSD #Gold #Forex #TradingView #PriceAction #JTrader
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.
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.