🎯 Trade Setup
Direction: Long on pullback
🔹 Entry: $4,160–$4,180
🛑 Stop Loss: $4,140
🎯 Take Profit 1: $4,185
🎯 Take Profit 2: $4,210
Tarot TradingView: XAUUSD — Will the Rally Continue?
Tarot Spread
Question: What market dynamics are most likely for XAUUSD over the next 24 hours?
The Chart — Current Situation:
Structure matters more than emotion. Price action is being driven by objective data. Following a strong impulse, technical levels and confirmation are crucial.
Three of Stonks — Key Factor:
Buyer support, collective profit-taking, and a favorable news backdrop maintain a moderately bullish bias.
Paper Hands — Likely Scenario:
Profit-taking, volatile consolidation, or a brief pullback may occur before the next directional move.
News
Gold is holding near a weekly high following weaker-than-expected US employment data. Nonfarm payrolls increased by only 57,000 versus the 110,000 forecast, reducing expectations for a September Fed rate hike and weakening the dollar. Central banks also added a net 41 tonnes of gold to their reserves in May. The next important catalyst is the US ISM Services PMI. Reuters/MarketScreener, Vantage
Conclusion
The cards and market data broadly align: the underlying bias remains bullish, but consolidation or a brief corrective move is likely after the strong advance. Waiting for a controlled pullback appears preferable to chasing the price.
Tarot is used as a creative format. This publication does not constitute investment advice.
⚠️ Not financial advice.
Direction: Long on pullback
🔹 Entry: $4,160–$4,180
🛑 Stop Loss: $4,140
🎯 Take Profit 1: $4,185
🎯 Take Profit 2: $4,210
Tarot TradingView: XAUUSD — Will the Rally Continue?
Tarot Spread
Question: What market dynamics are most likely for XAUUSD over the next 24 hours?
The Chart — Current Situation:
Structure matters more than emotion. Price action is being driven by objective data. Following a strong impulse, technical levels and confirmation are crucial.
Three of Stonks — Key Factor:
Buyer support, collective profit-taking, and a favorable news backdrop maintain a moderately bullish bias.
Paper Hands — Likely Scenario:
Profit-taking, volatile consolidation, or a brief pullback may occur before the next directional move.
News
Gold is holding near a weekly high following weaker-than-expected US employment data. Nonfarm payrolls increased by only 57,000 versus the 110,000 forecast, reducing expectations for a September Fed rate hike and weakening the dollar. Central banks also added a net 41 tonnes of gold to their reserves in May. The next important catalyst is the US ISM Services PMI. Reuters/MarketScreener, Vantage
Conclusion
The cards and market data broadly align: the underlying bias remains bullish, but consolidation or a brief corrective move is likely after the strong advance. Waiting for a controlled pullback appears preferable to chasing the price.
Tarot is used as a creative format. This publication does not constitute investment advice.
⚠️ Not financial advice.
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คำจำกัดสิทธิ์ความรับผิดชอบ
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Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel:
t.me/elibrianalytics
Telegram Channel:
t.me/elibrianalytics
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน