🚀 The XAU/USD chart shows a recent bearish correction after a strong bullish trend, with price breaking below a rising channel and forming lower highs. Multiple Change of Character signals indicate short-term weakness, but price is now consolidating near a key demand zone around 4,680–4,700, suggesting possible accumulation before a reversal.
Fundamentally, uncertainty following the attack on Donald Trump may increase safe-haven demand for gold, supporting a bullish outlook 📊. If buyers step in and confirm higher lows, momentum could shift upward.
The first target is 4,772, where initial resistance may appear 🎯. A successful breakout could push price toward the second target at 4,828, aligning with previous resistance levels 📈. With continued bullish strength and geopolitical tension, price may extend to the third target at 4,881 💰.
Overall, the setup favors a potential recovery, but confirmation is still required before strong continuation 🔥
If you found this analysis helpful, don’t forget to LIKE 👍 and COMMENT 💬!
Fundamentally, uncertainty following the attack on Donald Trump may increase safe-haven demand for gold, supporting a bullish outlook 📊. If buyers step in and confirm higher lows, momentum could shift upward.
The first target is 4,772, where initial resistance may appear 🎯. A successful breakout could push price toward the second target at 4,828, aligning with previous resistance levels 📈. With continued bullish strength and geopolitical tension, price may extend to the third target at 4,881 💰.
Overall, the setup favors a potential recovery, but confirmation is still required before strong continuation 🔥
If you found this analysis helpful, don’t forget to LIKE 👍 and COMMENT 💬!
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Note
XAU]USD Running with good profit 500+ PIPS Done
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Forex, Gold & Crypto Signals with
detailed analysis & get consistent
results.
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Gold Signal's with proper TP& SL for
high profit opportunities
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join telegram channel free.
t.me/DynamicTradeStrategies01
Forex, Gold & Crypto Signals with
detailed analysis & get consistent
results.
t.me/GoldMan0009
Gold Signal's with proper TP& SL for
high profit opportunities
t.me/DynamicTradeStrategies01
Forex, Gold & Crypto Signals with
detailed analysis & get consistent
results.
t.me/GoldMan0009
Gold Signal's with proper TP& SL for
high profit opportunities
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.