TradesThug

TradesThug

The market recently dipped below the local swing low, hitting a clearly defined demand zone on the 15-minute chart. This movement suggests that smart money might be accumulating, which could signal a potential reversal or a short-term retracement. We’ve set a Buy Limit at 3334.63, based on solid price action and previous reactions at this level. Right now, the...

TradesThug

Gold (XAUUSD) has made a solid bullish comeback after bouncing off the demand zone at 3,317–3,319, where we saw a surge in buying interest following a quick liquidity sweep. This bounce not only confirms the demand but also lays the groundwork for a potential continuation of the upward trend. Right now, the price action is breaking through some minor intraday...

TradesThug

We're keeping an eye on a clear rejection from the supply zone marked between 3,230 and 3,236. The price has dipped into this area, showing signs of slowing momentum, and is now breaking downwards. 📉 Sell Plan Details: 🔻 Sell Entry: 3,222 – 3,225 (just below where we saw the supply zone rejection) 🛑 Stop Loss: 3,232 (set above the supply zone for added...

TradesThug

Gold (XAUUSD) is still riding a solid bullish wave after yesterday's strong move. The price surged sharply and is now setting up a classic break-and-retest pattern around the 3239 demand zone on the 30-minute chart. After hitting a local peak, the price pulled back to the previous breakout level, creating a potential re-entry point for buyers. This movement fits...

TradesThug

New version: After a significant drop in gold prices, we're starting to notice some encouraging signs of a bullish trend taking shape. The price has bounced off the 3145–3160 demand zone several times, hinting at possible accumulation. The recent candle patterns are showing higher lows, and it looks like buyers are stepping in to protect the liquidity just below...

TradesThug

As XAUUSD is bouncing off a strong support’ zone of 3245, this is after a bullish rejection candle forming. Looking at the lower time frame of 30 minutes, price looks to have broken a minor bearish structure and aims higher. If the price holds above 3245, there is a high probability that the price can continue climbing towards the predefined targets. The targets...

TradesThug

XAUUSD skyrocketed past the 3234 resistance mark confirming further bullish continuation. Evidently this breakout past 3234 shows that short to mid term bears have reversed into bulls. Coupled with aggressive bullish pressure, the need to retest gaps created during previous price drops becomes highly probable arise. preco The classic scenario of retesting...