XAU/USD Analysis & Swing Trade Setup

20 нояб.

Market Outlook

1. Short-Term (Scalping/Intraday):
• Likely consolidation between $2,628 and $2,634.
• Watch for bearish continuation below $2,628 towards $2,615.
2. Medium-Term (Swing):
• Bearish continuation targeting $2,615 if $2,628 breaks.
• If support holds, expect a rebound to $2,634-$2,636.
3. Long-Term:
• Bearish below $2,650 with major support at $2,600.
• Breach of $2,600 opens extended downside to $2,580.

• Locked Level: The key locked price level for XAU/USD appears to be $2,628.
• This is a Fibonacci 78.6% retracement level, confirmed by repeated tests as support on the 30M and 1H charts.
• This level acts as a pivot zone—holding this level supports bullish rebounds, while breaking below it unlocks further downside toward $2,615.


🚨 XAU/USD Analysis & Swing Trade Setup 🚨

🔒 Locked Level: $2,628 (Key Pivot Zone)
• Above: Bullish bias to $2,634-$2,640.
• Below: Bearish continuation to $2,617-$2,600.

📉 Bearish Swing Trade (Primary Bias)
🔹 Entry: Sell at $2,628 (Breakdown Confirmation)
🔹 SL: Above $2,634
🔹 TP1: $2,617
🔹 TP2: $2,600
🔹 R:R: 1:2 or better
🛠 Setup: Bearish trend confirmed by RSI < 50, ADX rising, Ichimoku breakdown.

📈 Bullish Swing Trade (Countertrend)
🔹 Entry: Buy at $2,628 (Bounce Confirmation)
🔹 SL: Below $2,624
🔹 TP1: $2,634
🔹 TP2: $2,640
🔹 R:R: 1:2
🛠 Setup: Oversold RSI/Stochastic, potential bullish divergence.

🎯 Monitor $2,628 closely! It’s the decision level for the next big move.