✍️XAU/USD Update:
👉 Gold prices continue to extend their bullish momentum for a third straight session, holding firmly above the 4,700 USD level and approaching the highest point seen in nearly one and a half weeks as the European session begins.
👉 Nevertheless, buyers still appear cautious and prefer to wait for clearer developments regarding a possible peace agreement between the US and Iran before pushing prices significantly higher. On the downside, bearish pressure remains limited due to fading expectations of a more aggressive monetary stance from the US Federal Reserve, along with broad weakness in the US Dollar, both of which continue to provide support for precious metals.
Personal opinion
👉 The Elliott Wave bullish structure has continued to perform effectively.
👉 At the same time, the overbought RSI on the 1H timeframe, combined with the Elliott corrective wave structure and Fibonacci confluence, suggests that an ABC correction phase may soon develop.
👉Gold could experience a pullback during the European and US trading sessions while the market awaits the upcoming US Unemployment Claims data.
Personal Plan:
🔆Price Zone Setup:
👉 Buy limit Gold 4685 – 4680 (Scalping)
❌SL: 4675 |✅ TP: 4690 – 4700 – 4710
👉 Sell limit Gold 4770 – 4775 (Scalping)
❌SL: 4780 |✅ TP: 4765 – 4755 – 4745
FM wishes you a successful trading day💰
👉 Gold prices continue to extend their bullish momentum for a third straight session, holding firmly above the 4,700 USD level and approaching the highest point seen in nearly one and a half weeks as the European session begins.
👉 Nevertheless, buyers still appear cautious and prefer to wait for clearer developments regarding a possible peace agreement between the US and Iran before pushing prices significantly higher. On the downside, bearish pressure remains limited due to fading expectations of a more aggressive monetary stance from the US Federal Reserve, along with broad weakness in the US Dollar, both of which continue to provide support for precious metals.
Personal opinion
👉 The Elliott Wave bullish structure has continued to perform effectively.
👉 At the same time, the overbought RSI on the 1H timeframe, combined with the Elliott corrective wave structure and Fibonacci confluence, suggests that an ABC correction phase may soon develop.
👉Gold could experience a pullback during the European and US trading sessions while the market awaits the upcoming US Unemployment Claims data.
Personal Plan:
🔆Price Zone Setup:
👉 Buy limit Gold 4685 – 4680 (Scalping)
❌SL: 4675 |✅ TP: 4690 – 4700 – 4710
👉 Sell limit Gold 4770 – 4775 (Scalping)
❌SL: 4780 |✅ TP: 4765 – 4755 – 4745
FM wishes you a successful trading day💰
การซื้อขายยังคงดำเนินอยู่
Update XAU/USD :On the 1H timeframe, a divergence between price and RSI is starting to appear, suggesting a possible bearish correction may occur.
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
XAU/USD update:
The price hit my planday setup (Buy limit) and bounced up to 4733.
Setup successful.
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน