Selena | XAUUSD · 15M – Ascending Channel | Compression

Feb 10

XAUUSD XAUUSD
After a strong bullish reversal from the sell-side liquidity sweep near the lower demand, XAUUSD transitioned into a controlled bullish channel. The market is now consolidating below resistance, which typically precedes either a continuation breakout or a corrective pullback toward demand before the next leg.

Key Scenarios
✅ Bullish Case 🚀 →
• Acceptance above 5,100 resistance
• 🎯 Target 1: 5,150
• 🎯 Target 2: 5,200

❌ Bearish Case 📉 →
• Rejection from resistance + channel breakdown
• 🎯 Downside Target 1: 4,980
• 🎯 Downside Target 2: 4,950
• 🎯 Downside Target 3: 4,900

Current Levels to Watch

Resistance 🔴: 5,090 – 5,120

Support 🟢: 5,000 → 4,950

⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.

Feb 11

Trade active

Feb 11

Note

Running well and well

Feb 11

Note

turning candles into the profits

Feb 12

Trade closed: target reached