XAU/USD (Gold) 15M Technical Analysis
Bias: Bullish Continuation After Pullback
The chart shows gold correcting within a recently broken bullish channel and approaching a key support zone between 4172 – 4135. Price is currently trading around 4185, just above the highlighted demand area.
Key Observations
A strong impulsive bullish move pushed price from the 4070s toward 4240+.
The current decline appears to be a healthy retracement rather than a trend reversal.
The marked support zone (4172–4135) aligns with:
Previous consolidation area
Channel retest region
Potential institutional demand zone
Trade Idea
Buy Zone: 4172 – 4135
Stop Loss: 4133
Target: 4282 – 4283
Bullish Scenario
If buyers defend the support area, a bullish rebound could develop.
A higher low formation on the 15-minute timeframe would strengthen the long setup.
Breaking above recent intraday highs around 4200–4210 could accelerate momentum toward 4283.
Bearish Risk
A decisive close below 4135 would invalidate the setup.
In that case, price could extend lower toward the next support levels near 4110–4090.
Risk-to-Reward
Approximate Risk: 39 points
Potential Reward: 110 points
Risk-to-Reward Ratio: ~1:2.8, which is favorable if support holds.
Bias: Bullish Continuation After Pullback
The chart shows gold correcting within a recently broken bullish channel and approaching a key support zone between 4172 – 4135. Price is currently trading around 4185, just above the highlighted demand area.
Key Observations
A strong impulsive bullish move pushed price from the 4070s toward 4240+.
The current decline appears to be a healthy retracement rather than a trend reversal.
The marked support zone (4172–4135) aligns with:
Previous consolidation area
Channel retest region
Potential institutional demand zone
Trade Idea
Buy Zone: 4172 – 4135
Stop Loss: 4133
Target: 4282 – 4283
Bullish Scenario
If buyers defend the support area, a bullish rebound could develop.
A higher low formation on the 15-minute timeframe would strengthen the long setup.
Breaking above recent intraday highs around 4200–4210 could accelerate momentum toward 4283.
Bearish Risk
A decisive close below 4135 would invalidate the setup.
In that case, price could extend lower toward the next support levels near 4110–4090.
Risk-to-Reward
Approximate Risk: 39 points
Potential Reward: 110 points
Risk-to-Reward Ratio: ~1:2.8, which is favorable if support holds.
join my telegram channel t.me/goldsignalicthttps://t.me/goldsignalicthttps://t.me/goldsignalict
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.
join my telegram channel t.me/goldsignalicthttps://t.me/goldsignalicthttps://t.me/goldsignalict
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.