XAU/USD : Bullish Movement Ahead ? (READ THE CAPTION)

Обновлено
Analyzing the #Gold chart on the 4-hour timeframe, we see that yesterday’s bearish trend played out as expected, hitting all downside targets at $2717, $2700, and $2686, even extending further to $2643. This aggressive decline resulted in over 1000 pips of movement within a single day.

Currently trading around $2670, gold faces a significant liquidity gap, and with the interest rate decision due tonight, I expect the price to recover and potentially fill this gap. Expect heavy market volatility—trade cautiously!

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Сделка активна
#Gold Reached $2683, achieving a gain of +130 pips so far! This movement aligns with the initial analysis where gold showed strong momentum after retesting the demand zone near $2670. The price recovery has been steady as it attempts to fill the liquidity gap created during the recent sell-off.

снимок
Сделка закрыта: достигнута тейк-профит цена
Analyzing the #Gold chart in the 4-hour timeframe, we see that, as expected, gold surged from the $2670 zone and successfully filled the FVG (Fair Value Gap) marked on the chart. This analysis has yielded over 400 pips of profit so far. After reaching $2710 and filling the gap, the price corrected back to the $2688 level, where it is currently trading.

Key demand levels are $2668, $2662, and $2649, while the resistance zones to watch are $2699, $2717, and $2723. The price must stay above $2662 and avoid falling below $2642 to sustain further growth.

Stay tuned for updates! Hope you made the most out of this analysis!

снимок
Chart PatternsDXYEURUSDFOMCForexGBPUSDGoldTechnical IndicatorsNZDUSDTrend AnalysisUSDJPYXAUUSD

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