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XAUUSD – Gold Breaks 4,000 💥 | Continuation Update
A few weeks back, I shared my bullish outlook on Gold right from the 🚀 zone, supported by rising volume (🧨) and clean structure. That setup played out perfectly.
Now, after breaking the $4,000 all-time high, price has formed multiple Fair Value Gaps (FVGs) and keeps rejecting from them strongly confirming buyer dominance. Volatility remains high, and the trendline from my previous post is still guiding the move.
As long as price stays above the 3,950–3,980 area, I expect bullish continuation targeting the 4,080–4,150 zone next.
Bias: 🔼 Bullish
Setup basis: Trendline + FVG rejections + Volume confirmation
A few weeks back, I shared my bullish outlook on Gold right from the 🚀 zone, supported by rising volume (🧨) and clean structure. That setup played out perfectly.
Now, after breaking the $4,000 all-time high, price has formed multiple Fair Value Gaps (FVGs) and keeps rejecting from them strongly confirming buyer dominance. Volatility remains high, and the trendline from my previous post is still guiding the move.
As long as price stays above the 3,950–3,980 area, I expect bullish continuation targeting the 4,080–4,150 zone next.
Bias: 🔼 Bullish
Setup basis: Trendline + FVG rejections + Volume confirmation
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Penerbitan berkaitan
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.