Overall Trend (Trendline)
After the sharp decline that swept liquidity on the downside, price is now forming a recovery structure along an ascending trendline. This indicates that buying pressure is gradually returning as price continues to create higher lows along the trendline.
🔹 Support Zone: 5,105 – 5,103
This is the nearest demand zone where price has reacted multiple times.
It also aligns with the ascending trendline, creating a strong technical confluence.
If price holds above this area, there is a high probability that it will continue pushing upward to test resistance.
5,075 – 5,073: Lower trendline area to consider BUY opportunities.
🔹 Intermediate Resistance: 5,205 – 5,207
This is a short-term supply zone where price has previously faced multiple rejections.
If a clear breakout occurs and price closes above this area, the short-term bullish structure will be confirmed.
🔹 Major Resistance: 5,289
This is a strong resistance level and also an upper liquidity zone.
If price breaks above 5,200, the next major target could be a liquidity sweep around 5,289.
🔹 Downside Liquidity: 4,998
This is a liquidity pool located below the trendline.
If price breaks the trendline and loses the 5,105 support zone, there is a high probability that the market may sweep liquidity toward 4,998 before determining the next directional move.
BUY GOLD: 5075 – 5073
Stop Loss: 5065
Take Profit: 100 – 300 – 700 pips
SELL GOLD: 5289 – 5291
Stop Loss: 5300
Take Profit: 100 – 300 – 500 pips
After the sharp decline that swept liquidity on the downside, price is now forming a recovery structure along an ascending trendline. This indicates that buying pressure is gradually returning as price continues to create higher lows along the trendline.
🔹 Support Zone: 5,105 – 5,103
This is the nearest demand zone where price has reacted multiple times.
It also aligns with the ascending trendline, creating a strong technical confluence.
If price holds above this area, there is a high probability that it will continue pushing upward to test resistance.
5,075 – 5,073: Lower trendline area to consider BUY opportunities.
🔹 Intermediate Resistance: 5,205 – 5,207
This is a short-term supply zone where price has previously faced multiple rejections.
If a clear breakout occurs and price closes above this area, the short-term bullish structure will be confirmed.
🔹 Major Resistance: 5,289
This is a strong resistance level and also an upper liquidity zone.
If price breaks above 5,200, the next major target could be a liquidity sweep around 5,289.
🔹 Downside Liquidity: 4,998
This is a liquidity pool located below the trendline.
If price breaks the trendline and loses the 5,105 support zone, there is a high probability that the market may sweep liquidity toward 4,998 before determining the next directional move.
BUY GOLD: 5075 – 5073
Stop Loss: 5065
Take Profit: 100 – 300 – 700 pips
SELL GOLD: 5289 – 5291
Stop Loss: 5300
Take Profit: 100 – 300 – 500 pips
Not
Here is a quick market update.Recent price action shows that the market performed a liquidity sweep, formed a swing low, and then produced a strong and decisive bullish reaction. This indicates that buyers have stepped back into the market.
The strength of this rebound suggests that buying pressure is returning and the short-term structure is being defended.
🎯 The immediate intraday target is the 5155 area.
This zone represents:
• An M15 supply zone
• An important structural level from yesterday’s price action
If price retests 5155 and reacts positively, especially if it breaks and holds above this level, the next expansion target could move toward the 5240 zone.
For now, the priority is to look for Buy opportunities as bullish momentum remains dominant.
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
✅MY FREE FOREX & XAUUSD SIGNALS TELEGRAM CHANNEL:
t.me/+ZuY5gdO0R-k5NWM1
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
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FXWARRIOR 😘
t.me/+ZuY5gdO0R-k5NWM1
🔴9-12 signals per day
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🔴24/7 support for newbies.
🔴You always have priority.
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.