📊 Chart Overview:
This chart of XAU/USD (Gold) on a lower timeframe shows a potential bullish reversal setup. The price action has formed a series of lower highs and lower lows, but now a bullish momentum is building up, suggesting a possible breakout to the upside.
🔍 Key Observations:
🟠 Swing Points Identified:
The orange circles mark significant swing highs and lows, clearly outlining a recent downtrend.
The latest swing low (bottom-right) shows a strong rejection with a bullish engulfing candle forming, indicating buyer interest.
📦 Demand Zone (Support Area):
The grey rectangle near the lower region marks a demand zone where buyers have stepped in before.
Price has reacted strongly from this zone again, validating it as a key support level.
📉 Resistance Turned Potential Breakout Zone:
The red line (~3,291.416) represents a resistance level that was previously support.
Price has broken above it and now appears to be retesting it, indicating a possible retest-confirmation for a bullish continuation.
🎯 Target & Risk Management:
✅ Entry: Confirmed breakout and retest around 3,291.
📈 Target: 3,364.819 (green zone above), based on previous resistance.
❌ Stop Loss: Below 3,267.772, the recent swing low.
The setup offers a favorable risk-to-reward ratio.
🧭 Projection Path:
The white arrowed path illustrates a likely pullback before continuation upward, suggesting a bullish structure if confirmed.
✅ Conclusion:
Gold is showing signs of a bullish reversal from a well-defined demand zone, with a potential rally toward the 3,365 area. A successful retest of the broken resistance as new support would strengthen the bullish bias.
📌 Watch closely for confirmation candles on the retest before entering.
This chart of XAU/USD (Gold) on a lower timeframe shows a potential bullish reversal setup. The price action has formed a series of lower highs and lower lows, but now a bullish momentum is building up, suggesting a possible breakout to the upside.
🔍 Key Observations:
🟠 Swing Points Identified:
The orange circles mark significant swing highs and lows, clearly outlining a recent downtrend.
The latest swing low (bottom-right) shows a strong rejection with a bullish engulfing candle forming, indicating buyer interest.
📦 Demand Zone (Support Area):
The grey rectangle near the lower region marks a demand zone where buyers have stepped in before.
Price has reacted strongly from this zone again, validating it as a key support level.
📉 Resistance Turned Potential Breakout Zone:
The red line (~3,291.416) represents a resistance level that was previously support.
Price has broken above it and now appears to be retesting it, indicating a possible retest-confirmation for a bullish continuation.
🎯 Target & Risk Management:
✅ Entry: Confirmed breakout and retest around 3,291.
📈 Target: 3,364.819 (green zone above), based on previous resistance.
❌ Stop Loss: Below 3,267.772, the recent swing low.
The setup offers a favorable risk-to-reward ratio.
🧭 Projection Path:
The white arrowed path illustrates a likely pullback before continuation upward, suggesting a bullish structure if confirmed.
✅ Conclusion:
Gold is showing signs of a bullish reversal from a well-defined demand zone, with a potential rally toward the 3,365 area. A successful retest of the broken resistance as new support would strengthen the bullish bias.
📌 Watch closely for confirmation candles on the retest before entering.
Market Analyst | Forex Mentor | XAUUSD Specialist
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Services Offered:
• VIP Signals
• 1-on-1 Mentorship
• Professional Forex Course
• Affiliate Program
• Strategic Partnerships
Link to Join
t.me/ZareeFxTradingSignals
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Market Analyst | Forex Mentor | XAUUSD Specialist
Services Offered:
• VIP Signals
• 1-on-1 Mentorship
• Professional Forex Course
• Affiliate Program
• Strategic Partnerships
Link to Join
t.me/ZareeFxTradingSignals
Services Offered:
• VIP Signals
• 1-on-1 Mentorship
• Professional Forex Course
• Affiliate Program
• Strategic Partnerships
Link to Join
t.me/ZareeFxTradingSignals
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。