XAUUSD: 4150 is key; buy if it pulls back but doesn't break this

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Shifts in Global Geopolitical Dynamics:
The global landscape is undergoing noticeable changes, with recent developments showing a clear de-escalation in the Russia–Ukraine situation. This easing of geopolitical tension has placed upward pressure on gold under some constraint, meaning bullish sentiment should not be taken for granted. Entering long positions on pullbacks to support levels would be a more prudent approach.

Today, gold successfully held above $4,150, turning this former resistance into new support. As such, the $4,150 level becomes the key trading pivot for the day.

From the 1-hour chart, as long as prices hold above $4,150, there remains potential for gold to retest $4,180, and possibly challenge the previous highs around $4,200–$4,210.

Trading Strategy:

Buy at $4,150

Target 1: $4,180

Target 2: $4,200–$4,210

Stop-loss: Around $10, adjusted based on individual risk tolerance

Key Data to Watch:

U.S. Initial Jobless Claims (weekly)

U.S. Durable Goods Orders (September, MoM)

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Сделка активна

Gold's price movement is in line with our previous predictions. After retracing to 4150 without breaking through, it rebounded again. We can continue to wait for the price to rise.

вчера

Сделка закрыта: достигнута тейк-профит цена