Tarot TradingView: XAUUSD Short after pullback confirmation

Jul 13

Tarot TradingView: XAUUSD — Can Gold Hold the $4,040–4,060 Zone?

🎯 Trade setup
Direction: Short after pullback confirmation
🔻 Entry: $4,065–$4,075
🛑 Stop Loss: $4,105
🎯 Take Profit 1: $4,040
🎯 Take Profit 2: $4,012

Question: What market dynamics are most likely for XAUUSD over the next 24 hours?
Tarot cards
8 of Futures — Current Situation
The market is under pressure and looks restricted. Buyers are trying to stabilize the price, but the structure remains heavy. This card suggests limited upside while XAUUSD stays below the short-term resistance zone.

Ace of Futures — Key Factor
The key factor is a new impulse. This card shows that the next strong move may come quickly, but direction depends on confirmation. If sellers keep control below $4,105, the impulse may continue downward.

Knight of Crypto — Likely Scenario
The likely scenario is a fast directional move driven by momentum. This card warns against slow thinking in a fast market: if support breaks, price may accelerate lower; if buyers reclaim resistance, the rebound may also be sharp.

News
Gold remains pressured by a stronger U.S. dollar, higher Treasury yields, and renewed inflation concerns linked to rising oil prices after U.S.-Iran tensions escalated. Fresh market reports note that gold slipped as oil moved higher, raising concerns that inflation pressure could keep the Federal Reserve more hawkish. Traders are also watching upcoming U.S. inflation data and Fed commentary for signals on the rate path.

Conclusion
The cards and the chart point to a cautious bearish scenario. XAUUSD is trading near $4,060 after failing to hold above $4,100–4,120. If price cannot recover this zone, the next likely test is $4,040, then $4,012.

Tarot is used as a creative analytical format. This publication does not constitute investment advice. Not financial advice.

Jul 13

Trade closed: target reached