Gold Traders Pay Attention! Major Moves Incoming ? XAU/USD is setting up for a monster move — and all the signs are lining up! 👇
This is a perfect storm of technical confluence you don’t want to miss:
📊 After weeks of consolidation, gold has just broken out of a downtrend, retested the zone, and is now sitting on a major decision point. This zone is packed with:
✅ A dynamic trendline flip (was resistance, now acting as support)
✅ 200 EMA cushioning the retest
✅ 50% Fibonacci retracement aligning perfectly
✅ High-volume node from the volume profile = big player interest
✅ Mid-Bollinger Band offering bounce potential
✅ Strong bullish market structure forming
All eyes are on this green circle zone— a critical battle between bulls and bears. If bulls win here, we could see a powerful move straight into the upper resistance zone, possibly breaking previous June highs! 🦍💥
This is what smart money setups look like — multiple confirmations, clean structure, and asymmetric reward potential. 🔑📈
Tag a gold trader who needs to see this, and drop a ⚡️ if you're locked in on this breakout setup!
VANTAGE:XAUUSD FOREXCOM:XAUUSD EIGHTCAP:XAUUSD
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OfficialKieranTrewick | XAUUSD | Long from 25% ? The latest chart update shows that price has fully cycled from the 100% to the 25% quarter level within the bullish ascending channel. After failing to break the 2920 resistance due to a decrease in order flow, price continued its descent towards the lower boundary of the channel.
Upon reaching this key support zone, order flow for buying pressure significantly increased, leading to a suitable long entry that has already hit two take profit targets, securing 60 pips. The expectation is for price to slowly ascend back into the channel, aligning with previous value areas and increasing order flow.
However, with high-impact news on the horizon, market sentiment could shift, posing a potential risk to the current bullish market structure. Traders should remain cautious and prioritize risk management in case of unexpected volatility.
FX:XAUUSD
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XAUUSD 4HR Analysis UpdateGold took a tumble mid week down to $2,495 which saw it respect the same dynamic support level and 50 ema for the second time in the last week as we saw last thursday, as price is now respecting this key level and ranging between this and the all time high with gold teasing a break above the resistance with the bull trend still intact in a continuation play its likely we will soon see new all time highs unless gold breaks the key support, closes below such and the floating dynamic ema whilst invalidating the market structure.
Going forwards I can see price still ranging between the lower $2,500's with perhaps a lower high in the smaller time frames created around $2,506 as a short term target before aiming for longer term target of $2,550 and so on.
AUDJPY Potential 120 Pips to UpsideAnalysis > AUDJPY Potential 130 pips to the upside 📈🚀
Fundamentally I want to buy AUD, to get in I see a flag on h4 and sitting on 0.618 fib near structure support. RR would be around 1.1.45
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SHORT LONG SHORTThe pair has produced some great reads after the open just a couple hours ago, a major key level triggered a pending sell, to follow a pending buy at key level, trend-line to the upside on the third bounce and covered by the 61% FIB. The -27% FIB ext also sits perfectly on the overall bearish trend-line to to the downside for the final pending order for the larger move of the three.
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