🧠 Technical Summary (As of Chart Date - April 1, 2025)
Chart Type: 45-minute timeframe
Indicators Used:
AO (Awesome Oscillator)
Volume Histogram
Fibonacci Retracement
Price Action Trendlines
📉 Bearish Signals Observed
1. AO (Awesome Oscillator) Negative Divergence
Price has made a higher high, but AO is showing a lower high.
This classic bearish divergence suggests momentum is weakening despite price rising.
A possible trend reversal or pullback is likely.
2. Volume Divergence
Similar pattern: price moved higher, but volume declined.
Indicates that buying interest is not strong on the recent push up.
This reinforces the weakening bullish momentum seen in AO.
🔑 Key Levels (from Chart & Fibonacci)
Level Type Value (approx.) Description
Immediate Support 3120 Crucial level; breakdown confirms weakness
1st Target 3065 61.8% Fibonacci level, strong support zone
Fib Levels 3096, 3065, 3041 Key retracement zones
Invalidation Above 3175 Would invalidate short-term bearish setup
🔎 Scenario-Based View
📉 Bearish Scenario (High Probability due to Divergences)
If price breaks below 3120, it activates the short setup.
Target: First leg down toward 3065, aligning with Fib 0.618 retracement.
Momentum and volume weakening support this direction.
Expectation: fast move possible due to thin volume above 3120.
📈 Bullish Invalidation
If Gold holds above 3120 and makes a strong bullish candle with volume, the divergence may fail.
Sustained breakout above 3175 can bring in fresh highs.
📌 Conclusion
Gold (XAU/USD) shows strong short-term bearish divergence on both AO and Volume. A break below 3120 could accelerate selling toward 3065, as per Fibonacci and volume structure. Use caution for longs unless 3175 is breached with strength.
⚠️ Disclaimer
This analysis is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Trading and investing involve risk; please do your own research or consult with a financial advisor before making any decisions.
Chart Type: 45-minute timeframe
Indicators Used:
AO (Awesome Oscillator)
Volume Histogram
Fibonacci Retracement
Price Action Trendlines
📉 Bearish Signals Observed
1. AO (Awesome Oscillator) Negative Divergence
Price has made a higher high, but AO is showing a lower high.
This classic bearish divergence suggests momentum is weakening despite price rising.
A possible trend reversal or pullback is likely.
2. Volume Divergence
Similar pattern: price moved higher, but volume declined.
Indicates that buying interest is not strong on the recent push up.
This reinforces the weakening bullish momentum seen in AO.
🔑 Key Levels (from Chart & Fibonacci)
Level Type Value (approx.) Description
Immediate Support 3120 Crucial level; breakdown confirms weakness
1st Target 3065 61.8% Fibonacci level, strong support zone
Fib Levels 3096, 3065, 3041 Key retracement zones
Invalidation Above 3175 Would invalidate short-term bearish setup
🔎 Scenario-Based View
📉 Bearish Scenario (High Probability due to Divergences)
If price breaks below 3120, it activates the short setup.
Target: First leg down toward 3065, aligning with Fib 0.618 retracement.
Momentum and volume weakening support this direction.
Expectation: fast move possible due to thin volume above 3120.
📈 Bullish Invalidation
If Gold holds above 3120 and makes a strong bullish candle with volume, the divergence may fail.
Sustained breakout above 3175 can bring in fresh highs.
📌 Conclusion
Gold (XAU/USD) shows strong short-term bearish divergence on both AO and Volume. A break below 3120 could accelerate selling toward 3065, as per Fibonacci and volume structure. Use caution for longs unless 3175 is breached with strength.
⚠️ Disclaimer
This analysis is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Trading and investing involve risk; please do your own research or consult with a financial advisor before making any decisions.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.