GOLD (XAUUSD) Update – Reaction + Next Steps
Price played out exactly as expected from the previous idea. Gold tapped into the key demand zone, grabbed liquidity, and reacted strongly.
🟡 What Happened:
Price tested the [support zone / order block]
Liquidity lows was taken
Clear rejection with momentum showing (bullish) strength
📌 What I’m Watching Next:
If price holds above[4379 or retest at 4325 area. or lower], I’ll be looking for continuation into the next psych level 4500..
If price fails to hold, a pullback retest towards [4300 or even lower as long as we above the 200 EMA ON THE M15 AND 1H] is likely before another move
Waiting for a clean break + retest structure before taking a position
🎯 Trading Plan:
No rush entries – waiting for confirmation
Targeting the next PSYCHOLOGICAL LEVEL 4500 once structure is clear
Not financial advice – just how I’m reading gold right now.
Like or comment if you want updates when price taps entry levels ✅
Price played out exactly as expected from the previous idea. Gold tapped into the key demand zone, grabbed liquidity, and reacted strongly.
🟡 What Happened:
Price tested the [support zone / order block]
Liquidity lows was taken
Clear rejection with momentum showing (bullish) strength
📌 What I’m Watching Next:
If price holds above[4379 or retest at 4325 area. or lower], I’ll be looking for continuation into the next psych level 4500..
If price fails to hold, a pullback retest towards [4300 or even lower as long as we above the 200 EMA ON THE M15 AND 1H] is likely before another move
Waiting for a clean break + retest structure before taking a position
🎯 Trading Plan:
No rush entries – waiting for confirmation
Targeting the next PSYCHOLOGICAL LEVEL 4500 once structure is clear
Not financial advice – just how I’m reading gold right now.
Like or comment if you want updates when price taps entry levels ✅
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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.
Related publications
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.