GOLD

3 天前

Xauusd

Entry: 2935/2932

Tp 1: 2940
Tp 2: 2945
Tp 3: 2954

Stoploss: 2930

3 天前

註釋

### Gold (XAU/USD) Trade Analysis – Bullish Bias

Gold (XAU/USD) has taken strong support at $2,925, indicating that buyers are actively defending this level. The price has also closed above the Exponential Moving Indicator (EMI), which suggests that bullish momentum is intact. When the market is trading above the EMI, it is generally a sign of strength, increasing the likelihood of continued upside movement.

### 1. Market Structure & Trend Analysis:

- Gold remains in an upward trend, with higher highs and higher lows forming on the chart.
- $2,925 has acted as a key support level, reinforcing the bullish sentiment.
- As long as the price stays above the EMI, the bullish structure remains valid, favoring long trades over short trades.

### 2. Key Support & Resistance Levels

- Support Zone: $2,925 (Strong buying zone; price has bounced from here).
- Resistance Zone: $2,950 – $2,960 (Next target area for upside movement).


### 3. Technical Indicators Supporting the Bullish Case
- EMA Trend Confirmation: Price closing above the EMI supports a continuation of the uptrend.
- RSI (Relative Strength Index): If RSI remains above 50, it confirms bullish momentum.

### 4. Conclusion
Gold is maintaining its bullish momentum, having bounced off $2,925 and staying above the EMI. Given the strong uptrend, traders should focus on long positions, avoiding short trades. As long as price remains above support levels, buying on pullbacks could present favorable trading opportunities, with targets set at $2,945 – $2,960.