🔔 XAUUSD 4H Analysis – Key Levels, FVG Reaction & Structure Projections
Gold is currently trading within a complex structure after breaking down from a rising parallel channel and is now testing confluence zones that could dictate the next major move.
📈 Scenarios:
🔺 Bullish Path: Clean breakout and retest above the FVG zone and descending trendline → price could re-enter the previous rising channel targeting 3,400+.
🔻 Bearish Path: Rejection from the FVG & trendline → look for lower highs to form → continuation toward 3,243 key support and possibly beyond.
If support breaks below $3,246, the next level of interest lies near $3,200 psychological round number.
📌 Conclusion:
We’re in a decision zone. The next move depends on how price behaves around the FVG and trendline resistance. Patience and confirmation will be key — breakout traders and mean reversion traders both have defined setups ahead.
#this is not a buy sell advice.
#just a view
#apologies and credit if someone has already seen and posted this.
Gold is currently trading within a complex structure after breaking down from a rising parallel channel and is now testing confluence zones that could dictate the next major move.
📈 Scenarios:
🔺 Bullish Path: Clean breakout and retest above the FVG zone and descending trendline → price could re-enter the previous rising channel targeting 3,400+.
🔻 Bearish Path: Rejection from the FVG & trendline → look for lower highs to form → continuation toward 3,243 key support and possibly beyond.
If support breaks below $3,246, the next level of interest lies near $3,200 psychological round number.
📌 Conclusion:
We’re in a decision zone. The next move depends on how price behaves around the FVG and trendline resistance. Patience and confirmation will be key — breakout traders and mean reversion traders both have defined setups ahead.
#this is not a buy sell advice.
#just a view
#apologies and credit if someone has already seen and posted this.
DKtrades
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.
DKtrades
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.