🧭 Chart Analysis (XAUUSD – 1H with structure context) Market Structure
That means momentum continues downward as long as price stays below 4030–4050.
🔑 Key Levels
Level Type Expectation
4050 Resistance / SL zone If broken, bears invalidated
4000 Minor resistance Retest zone after rejection
3920 Target 1 Previous swing low liquidity
3880–3850 Target 2 Measured move of the channel / full extension
3820 Extreme Final downside sweep before reversal possible
📉 Projection
If price closes below 3920 (cleanly on 4H or D1),
next leg likely extends to 3850 — the lower boundary of your yellow trend channel.
That level aligns with:
Previous liquidity grab zone from October 22 low.
Channel bottom support.
Fibonacci extension 1.272 from the 4050 swing high.
⚙️ Trading Setup Idea
Bias: Short (continue existing sell bias)
Sell zone: 4000–4020 (retests possible)
SL: 4060
TP1: 3920
TP2: 3886
TP3: 3850
TP4: 3820 (extended)
Risk–Reward ≈ 1:3.8
✅ Structure = Bearish
✅ Rejection = Confirmed
✅ Target = 3850 realistic if 3920 breaks
That means momentum continues downward as long as price stays below 4030–4050.
🔑 Key Levels
Level Type Expectation
4050 Resistance / SL zone If broken, bears invalidated
4000 Minor resistance Retest zone after rejection
3920 Target 1 Previous swing low liquidity
3880–3850 Target 2 Measured move of the channel / full extension
3820 Extreme Final downside sweep before reversal possible
📉 Projection
If price closes below 3920 (cleanly on 4H or D1),
next leg likely extends to 3850 — the lower boundary of your yellow trend channel.
That level aligns with:
Previous liquidity grab zone from October 22 low.
Channel bottom support.
Fibonacci extension 1.272 from the 4050 swing high.
⚙️ Trading Setup Idea
Bias: Short (continue existing sell bias)
Sell zone: 4000–4020 (retests possible)
SL: 4060
TP1: 3920
TP2: 3886
TP3: 3850
TP4: 3820 (extended)
Risk–Reward ≈ 1:3.8
✅ Structure = Bearish
✅ Rejection = Confirmed
✅ Target = 3850 realistic if 3920 breaks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.