XAUUSD (Gold) – Bullish Retest Setup Analysis
The chart shows a strong bullish recovery after a sharp sell-off, followed by consolidation inside an ascending channel. Price formed a range near the upper half of the channel and is now pulling back toward a key support zone around 4467–4460.
Key Observations
Ascending Channel: Price has been making higher lows, indicating buyers remain in control.
Consolidation Range: The highlighted range suggests accumulation before the next directional move.
Support Zone: The area around 4467–4460 is acting as a demand zone and potential bullish reaction point.
Bullish Scenario: A successful retest of support followed by bullish confirmation could trigger a move toward the projected target.
Trade Idea
Entry Zone: 4467 – 4460
Stop Loss: 4450
Target: 4510
Market Outlook
As long as price holds above the support region, the overall structure remains bullish. The current pullback appears to be a retest of support rather than a trend reversal. Buyers may look for confirmation candles in the support zone before targeting the 4510 resistance area.
The chart shows a strong bullish recovery after a sharp sell-off, followed by consolidation inside an ascending channel. Price formed a range near the upper half of the channel and is now pulling back toward a key support zone around 4467–4460.
Key Observations
Ascending Channel: Price has been making higher lows, indicating buyers remain in control.
Consolidation Range: The highlighted range suggests accumulation before the next directional move.
Support Zone: The area around 4467–4460 is acting as a demand zone and potential bullish reaction point.
Bullish Scenario: A successful retest of support followed by bullish confirmation could trigger a move toward the projected target.
Trade Idea
Entry Zone: 4467 – 4460
Stop Loss: 4450
Target: 4510
Market Outlook
As long as price holds above the support region, the overall structure remains bullish. The current pullback appears to be a retest of support rather than a trend reversal. Buyers may look for confirmation candles in the support zone before targeting the 4510 resistance area.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.