XAUUSD (Gold) – 15M Technical Analysis
The 15-minute chart shows gold continuing to trade inside a well-defined ascending channel, indicating that buyers still control the short-term trend. Price recently pulled back from the channel's upper boundary and is now attempting to establish a higher low near a key support zone.
Market Structure
Trend: Bullish (Higher Highs & Higher Lows)
Pattern: Ascending Channel
Current Price: Around 4,088
Bias: Bullish above support
Key Levels
Support Zone: 4,070 – 4,082
Buy Confirmation: Strong bullish rejection or a 15M candle closing above 4,082
Stop Loss: 4,049
Target 1: 4,120
Target 2: 4,145
Final Target: 4,165 – 4,167
Trade Idea
The marked support area is the decision zone. If buyers defend 4,070–4,082, gold has a strong probability of resuming its uptrend toward the channel highs and the projected target near 4,166.
However, if price breaks and closes below 4,049, the bullish structure would be invalidated, increasing the likelihood of a deeper correction toward lower support levels.
Trading Plan
✅ Wait for bullish confirmation at support.
✅ Enter only after a strong rejection or breakout confirmation.
🎯 Target the upper channel and 4,165+.
❌ Exit if price closes below 4,049.
Overall Bias: Bullish, as long as price remains above the support zone and within the ascending channel. Buyers currently maintain the technical advantage, but confirmation at support is essential before entering new long positions.
The 15-minute chart shows gold continuing to trade inside a well-defined ascending channel, indicating that buyers still control the short-term trend. Price recently pulled back from the channel's upper boundary and is now attempting to establish a higher low near a key support zone.
Market Structure
Trend: Bullish (Higher Highs & Higher Lows)
Pattern: Ascending Channel
Current Price: Around 4,088
Bias: Bullish above support
Key Levels
Support Zone: 4,070 – 4,082
Buy Confirmation: Strong bullish rejection or a 15M candle closing above 4,082
Stop Loss: 4,049
Target 1: 4,120
Target 2: 4,145
Final Target: 4,165 – 4,167
Trade Idea
The marked support area is the decision zone. If buyers defend 4,070–4,082, gold has a strong probability of resuming its uptrend toward the channel highs and the projected target near 4,166.
However, if price breaks and closes below 4,049, the bullish structure would be invalidated, increasing the likelihood of a deeper correction toward lower support levels.
Trading Plan
✅ Wait for bullish confirmation at support.
✅ Enter only after a strong rejection or breakout confirmation.
🎯 Target the upper channel and 4,165+.
❌ Exit if price closes below 4,049.
Overall Bias: Bullish, as long as price remains above the support zone and within the ascending channel. Buyers currently maintain the technical advantage, but confirmation at support is essential before entering new long positions.
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JOIN MY TELEGRAM CHANNEL LINK t.me/mindgolde JOIN MY TELEGRAM CHANNEL LINK t.me/mindgolde
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
