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BTC/USD Analysis: Bullish Breakout Confirmation($99K Called)The technical structure for BTC has shifted decisively. The key descending trendline, which previously contained price action, has now been conclusively broken to the upside. This breakout has been followed by a successful retest of the trendline as new support. Critically, this retest was accompanied by significant buy-side volume, confirming genuine investor conviction and a transfer of ownership at higher levels. With this bullish confirmation in place, the focus shifts to the major support zone between $88K and $90K. As long as this foundational support holds, the path of least resistance is now higher. The completed breakout pattern projects a measured move toward an initial upside target of $99K. Price action is now consolidating energy for the next leg upward. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader
31
NZDUSD Breakout and Potential Retrace!Hey Traders, In today’s trading session, we are closely monitoring NZDUSD for a potential buying opportunity around the 0.57600 zone. NZDUSD has successfully broken out of its previous downtrend, signaling a shift in market structure. The pair is now in a corrective pullback, approaching a key retracement level and the 0.57600 support-turned-resistance zone, which may act as a strong demand area for bullish continuation. From a fundamental perspective, ongoing weakness in the US Dollar, driven by growing expectations of a potential interest rate cut at the upcoming FOMC meeting, continues to support USD-based downside moves. This macro backdrop favors risk-sensitive currencies such as the New Zealand Dollar, reinforcing the bullish bias on NZDUSD. As always, wait for confirmation and manage risk accordingly. Trade safe, Joe.
Long
by JoeChampion
6
XAUUSD: Buyers Defend Support, Retest of 4,490 ResistanceHello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis Gold previously traded under pressure near a descending triangle resistance line, where price action was compressed before buyers stepped in. After forming a solid base, XAUUSD broke above the triangle resistance and confirmed a bullish structural shift. This breakout initiated a steady upside move, supported by a rising trend line and a clear sequence of higher highs and higher lows. Following the initial breakout, price entered a range, signaling temporary consolidation and accumulation. Buyers eventually gained control again, leading to a clean breakout above the range and continuation higher. This move brought gold into the key Resistance Zone around the 4,490–4,520 area, where price was recently tested and met with strong selling pressure. Currently, after the rejection from resistance, XAUUSD pulled back sharply but found demand near the Support Zone around 4,310, which aligns with a previous breakout level and the rising support line. The current price action shows a corrective pullback rather than a full trend reversal, with buyers stepping in to defend this support area. The structure remains constructive as long as price holds above this key demand zone. My Scenario & Strategy My primary scenario: as long as XAUUSD holds above the 4,310 Support Zone and respects the rising support line, the bullish bias remains intact. I expect buyers to continue defending this area and attempt another push toward the 4,490 Resistance Zone as the next upside objective. However, a decisive breakdown below support would weaken the bullish structure and open the door for a deeper corrective move. Until that happens, the overall structure favors continuation to the upside after consolidation. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
FOREXCOM:XAUUSDLong
by Ratner
20
XAUUSD Buyers Step In at Key Level - Momentum StabilizesHello traders! Here’s my technical outlook on XAUUSD (1H) based on the current chart structure. Gold is trading within a broader bullish structure after a strong impulsive rally from lower levels. Earlier, price moved inside a consolidation range, signaling accumulation before breaking out to the upside and confirming renewed buyer control. This breakout initiated a sharp bullish leg, forming a sequence of higher highs and higher lows. Following the impulsive move, XAUUSD reached the Seller Zone around the 4,400 Resistance Level, where strong selling pressure appeared. Price dropped aggressively from this area, confirming supply dominance at higher levels. After the drop, gold broke below the resistance, then performed a test and retest of the same zone, which now acts as resistance. This behavior confirms a short-term structural shift while the broader bullish trend remains intact. Currently, price is reacting around the Buyer Zone near 4,310–4,320, which aligns with a key Support Level and a previous breakout area. This zone has already shown a clear reaction, with price turning around and forming a higher low above the rising Trend Line. The recent move into support appears corrective rather than impulsive, suggesting a pause within the larger bullish structure rather than a full reversal. My scenario: as long as XAUUSD holds above the Buyer Zone and respects the rising Trend Line, the bullish structure remains valid. A strong reaction from this area could lead to a move back toward the 4,400 Resistance Level (TP1). A confirmed breakout and acceptance above resistance would signal bullish continuation. However, a decisive breakdown below the Buyer Zone would weaken the structure and signal a deeper corrective move. For now, price is at a key decision area, with buyers actively defending support while consolidation continues. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
33
AUDUSD Potential Bullish Bias | 0.66500 Support + USD Weakness!Hey Traders, In today’s trading session, we are closely monitoring AUDUSD for a potential buying opportunity around the 0.66500 zone. AUDUSD remains in a well-established uptrend and is currently experiencing a healthy corrective pullback, approaching a key trendline confluence and the 0.66500 support & resistance zone, which may act as a strong demand area for bullish continuation. From a fundamental perspective, increasing expectations of a potential interest rate cut at the upcoming FOMC meeting continue to weigh on the US Dollar. Ongoing USD weakness typically supports risk-sensitive currencies such as the Australian Dollar, further strengthening the bullish bias on AUDUSD. As always, wait for confirmation before entry and manage risk responsibly. Trade safe, Joe.
Long
by JoeChampion
37
DOGEUSDT - Consolidation after growth is a positive signBINANCE:DOGEUSDT is testing resistance, but the coin is not going to reverse yet. Focus on the current consolidation at 0.145 - 0.1534. A long squeeze or a breakout of resistance could trigger growth. Bitcoin has been growing throughout the week, forming a retest of resistance. If the growth continues, it could support a bullish run in altcoins. After the rally, DOGE moved into consolidation at 0.145 - 0.1533. The market is showing positive dynamics. The altcoin may test the consolidation support before growing. However, a breakout of the 0.1533 resistance and a close above the level could trigger an early rise. Resistance levels: 0.1534, 0.1648 Support levels: 0.145, 0.139 Regarding the current consolidation in the trading range format, I highlight two levels: 0.1534 and 0.145. If the overall positive background persists, a false breakdown of support at 0.145 or a breakout of resistance at 0.1534 with the price closing above the level could trigger further growth towards the local zone of interest at 0.165. Best regards, R. Linda!
Long
by RLinda
3
EURUSD Short: Supply Holds Strong - Market Eyes 1.1680 DemandHello traders! Here’s a clear technical breakdown of EURUSD (3H) based on the current chart structure. EURUSD is trading within a broader bullish structure, supported by a well-defined ascending trend line that has guided price higher from the previous pivot low. Earlier, the market spent time consolidating inside a range, indicating accumulation before the upside expansion. A strong impulsive breakout from this range confirmed buyer control and triggered a bullish continuation move. As price advanced, EURUSD reached a key Supply Zone around 1.1750–1.1760, where selling pressure became visible. Multiple attempts to push above this area resulted in fake breakouts, clearly signaling buyer exhaustion and the presence of strong sellers at higher levels. The chart highlights several failed breakouts and rejections from the supply line, reinforcing this zone as a critical resistance. Currently, after the rejection from the upper highs near the pivot point, price broke below the short-term structure and is now trading below the supply line, suggesting a loss of bullish momentum. The recent bounce appears corrective rather than impulsive, indicating that the market may be preparing for a deeper pullback rather than immediate continuation higher. Below current price, the Demand Zone around 1.1680 stands out as the next major downside target. This level previously acted as support and aligns with a key horizontal demand area where buyers may attempt to step back in. A move toward this zone would represent a healthy correction within the broader structure. My scenario: as long as EURUSD remains below the 1.1750 Supply Zone and continues to respect the descending supply line, the short-term bias favors sellers. I expect downside continuation toward the 1.1680 Demand Zone. A strong bullish reaction from demand could lead to consolidation or a corrective bounce, but a clean breakdown below 1.1680 would signal a deeper bearish correction. For now, price is at a key decision area, with sellers in control below supply and demand acting as the main downside objective. Manage your risk!
Short
by heniitrading
27
BTC Breakout in Play Retest Zone Will Define ContinuationAs highlighted in our previous BTC update, price was approaching a structural decision point and the breakout has now been confirmed. BTCUSDT has now broken above the upper trendline of the bearish structure , signaling a short-term shift in market behavior after prolonged downside pressure. A sustained break and acceptance above the immediate resistance will confirm bullish stability, with a natural retest expected toward the breakout zone and the immediate support zone. If this retest is successful and price holds above reclaimed structure, upside continuation remains favored toward the projected targets marked on the chart. Failure to maintain acceptance above this zone would invalidate the breakout scenario and shift focus back toward lower support.
Long
by weslad
6
XAUUSD Long: Demand Holds at 4,400 - Push Toward 4,500 in FocusHello traders! Here’s a clear technical breakdown of XAUUSD (2H) based on the current chart structure. XAUUSD previously moved within a steady bullish structure, respecting a rising trend line that supported price during multiple pullbacks. After a strong impulsive rally, Gold transitioned into a consolidation phase, forming a well-defined range that highlighted temporary balance between buyers and sellers. This range eventually resolved to the upside with a breakout, confirming bullish continuation and renewed buyer control. Currently, XAUUSD is trading between the 4,400 Demand Zone and the 4,500 Supply Zone, with price holding above the rising trend line. This shows that bullish structure is still intact, but price is once again approaching a key resistance area where a reaction is likely. My scenario: as long as XAUUSD holds above the 4,400 Demand Zone and respects the rising trend line, the broader bullish bias remains valid. A clean breakout and acceptance above the 4,500 Supply Zone would confirm continuation toward higher levels. However, if price is rejected from supply and breaks back below demand, this could trigger a deeper corrective move toward the trend line. For now, price is compressing between demand and supply, and a decisive move is expected soon. Manage your risk!
FOREXCOM:XAUUSDLong
by heniitrading
3
XAUUSD (H2) – BUY priority today Gold holds above 4,400 on safe-haven flows | Trade liquidity, don’t chase Quick summary Gold started the week with strong momentum and pushed above 4,400 during the Asian session as global markets rotated into safe-haven assets. Geopolitical risk is the key driver after reports of US ground strikes in Venezuela and the detention of President Nicolás Maduro and his wife. With that backdrop, my plan today is simple: prioritise BUY setups at liquidity zones, and avoid FOMO while price is elevated. 1) Macro context: Why gold is supported When geopolitical risk escalates, capital typically flows into gold. Headline-driven sessions often bring: ✅ fast pumps, ✅ liquidity sweeps, ✅ larger wicks/spreads. ➡️ The safest execution is waiting for pullbacks into predefined buy zones, not chasing highs. 2) Technical view (based on your chart) On H2, gold has bounced sharply and your chart highlights clear execution areas: Key levels for today ✅ Buy zone: 4340 – 4345 (trend/structure pullback zone) ✅ Strong Liquidity: lower support band (marked on chart) ✅ Sell zone: 4436 – 4440 (near-term supply / reaction area) ✅ Sell swing / target: 4515 – 4520 (higher objective / profit-taking zone) 3) Trading plan (Liam style: trade the level) Scenario A (priority): BUY the pullback into 4340–4345 ✅ Buy: 4340 – 4345 SL (guide): below the zone (adjust to spread / lower TF structure) TP1: 4400 – 4410 TP2: 4436 – 4440 TP3: 4515 – 4520 (if momentum continues with headlines) Logic: 4340–4345 offers a cleaner R:R than chasing above 4,400. Scenario B: If price holds above 4,400 and only dips lightly Look for a buy only on clear holding signals near the closest support/strong liquidity (M15–H1). Still not recommending FOMO entries in headline volatility. Scenario C: SELL reaction (scalp) at supply ✅ If price tags 4436–4440 and shows weakness: Sell scalp: 4436 – 4440 SL: above the zone TP: back toward 4400–4380 Logic: This is a near-term supply area — good for quick profit-taking, not a long-term reversal call. 4) Notes (avoid getting swept) Asian session can spike hard on headlines → wait for pullback confirmations. Reduce size if spreads widen. Only execute when price hits the level and prints a clear reaction (rejection / engulf / MSS). What’s your plan today: buying the 4340–4345 pullback, or waiting for price to push into 4515–4520 before reassessing?
OANDA:XAUUSDLong
by LiamTradingFX
12
US30 Outlook: Bullish Momentum Holds Above 48830 After New ATHUS30 | Market Overview The Dow Jones index has printed a new all-time high (ATH) and continues to show bullish momentum in the short term. TECHNICAL VIEW Bullish bias remains active while price holds above 48830 Upside continuation targets: 49250 and 49500 Alternatively: A reversal and stabilization below 48830, especially below 48680, would weaken the bullish structure In that case, bearish momentum may develop toward 48670, 48450, and 48020 Key Levels Pivot Line: 48830 Resistance: 49050 – 49250 – 49500 Support: 48670 – 48450 – 48020
OANDA:US30USDLong
by SroshMayi
1
XAUUSD: Bullish Push to 4535?OANDA:XAUUSD is eyeing a bullish breakout on the 1-hour chart , with price rebounding from support after a breakout candle near resistance, converging with a potential entry zone that could ignite upside momentum if buyers hold against short-term dips. This setup suggests a continuation opportunity amid recent volatility, targeting higher levels with more than 1:5 risk-reward .🔥 Entry between 4395–4410 for a long position (entry from current price with proper risk management is recommended). Target at 4535 . Set a stop loss at a 4-hour close below 4385 , yielding a risk-reward ratio of more than 1:5 . Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging gold's momentum post-rebound.🌟 Fundamentally , gold is trading around $4,449 in early January 2026, with key US Dollar events this week potentially weakening USD if data underperforms, favoring gold upside. Major releases include Wednesday January 7 at 8:30 AM ET ADP Employment Change (Dec, forecast 125K), which could pressure USD on softer private hiring; 10:00 AM ET ISM Services PMI (Dec, forecast 52.5), where a miss signals service sector slowdown; and JOLTS Job Openings (Oct, forecast 7.7M), highlighting labor market cooling if below expectations. Thursday January 8 at 8:30 AM ET brings Jobless Claims (week of Jan 3, forecast 225K), with higher claims potentially undermining USD strength. Friday January 9 at 8:30 AM ET features Nonfarm Payrolls (Dec, forecast 150K), Unemployment Rate (Dec, forecast 4.4%), and Average Hourly Earnings (Dec, forecast 0.3% MoM), the week's highlight—weak figures could trigger USD selloff amid Fed cut bets. 💡 📝 Trade Setup 🎯 Entry (Long): 4395 – 4410 (Entry from current price is valid with strict risk & position management.) 🎯 Target: • 4535 ❌ Stop Loss: • 4H close below 4385 ⚖️ Risk-to-Reward: • > 1:5 Note: This position carries high risk . 💡 Your take? Does gold extend toward 4535, or do we see another volatility shakeout before continuation? 👇
OANDA:XAUUSDLong
by Master_Hunter
3
AUDCHF: Bullish Push to 0.542?FX:AUDCHF is eyeing a bullish breakout on the 4-hour chart , with price rebounding from the lower boundary of an upward channel after forming higher lows, converging with a potential entry zone that could ignite upside momentum if buyers break through short-term resistance. This setup suggests a continuation opportunity amid the ongoing uptrend, targeting higher levels with near 1:4 risk-reward .🔥 Entry between 0.52600–0.52765 for a long position. Target at 0.54200 . Set a stop loss at a daily close below 0.52400 , yielding a risk-reward ratio of near 1:4 . Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the pair's momentum in the channel.🌟 Fundamentally , AUDCHF is trading around 0.532 in early January 2026, with key events for CHF potentially weakening the franc if data disappoints. For the Swiss Franc, Tuesday January 6 at 3:30 AM UTC brings the SVME Purchasing Managers' Index (Dec), previous 49.7, where a sub-50 reading could signal contraction and pressure CHF. Thursday January 8 at 2:30 AM UTC features CPI MoM (Dec), previous -0.2%, and CPI YoY (Dec), previous 0%, with softer inflation potentially leading to dovish SNB expectations and CHF weakness. No major high-impact releases for AUD this week, leaving the pair sensitive to CHF catalysts amid post-holiday liquidity. 💡 📝 Trade Setup 🎯 Entry (Long): 0.52600 – 0.52765 (Entry at or near current levels is valid with proper risk & capital management.) 🎯 Target: • 0.54200 ❌ Stop Loss: • Close below 0.52400 ⚖️ Risk-to-Reward: • ~ 1:4 💡 What’s your view? Does AUDCHF extend toward 0.5420, or do you expect another consolidation before the next leg higher? 👇
Long
by Master_Hunter
3
Tron: Why start DCA? Technical and Fundamental AnalysisHello, everyone. I have decided to start a DCA strategy on Tron. My thesis is based on a strong convergence between the exhaustion of the short-term downtrend and undisputed fundamental dominance in the stablecoin sector. 1. Technical Analysis: Momentum Awakening MACD (Weekly): I note that the histogram is losing strength in negative territory. The MACD line is preparing to cross above the Signal Line (the yellow line). Historically, this crossover in longer time frames usually marks the beginning of a prolonged uptrend. RSI and Stochastic: Both indicators are in areas close to oversold. This indicates to me that the price has been punished enough and the chances of a technical rebound are high. Price Action: CRYPTOCAP:TRX continues to accurately follow an uptrend channel that has been in place since August 2024. As long as the price remains within this channel, the structure of rising lows remains intact. 2. Fundamental Analysis: The King of Stablecoins USDT Dominance: We cannot ignore that almost 40% of USDT transactions occur on the Tron network. In a year where the main narrative is the mass adoption of stablecoins, being positioned in the infrastructure that moves those digital dollars is a strategic move. Institutional Narrative and IPO: Rumors and movements surrounding Tron's initial public offering (IPO) generate enormous institutional validation. This will facilitate traditional capital entering the ecosystem, increasing liquidity and demand for the token. Strength of the Dollar: Tron has become the “bridge” for the U.S. dollar to maintain its global relevance through digitization, aligning with the narrative of strengthening the financial system through blockchain technology. Execution Strategy: I am not looking to go all in at a single price. My plan is to make dollar-cost averaging (DCA) purchases, taking advantage of the lower end of the current bullish channel and seeking medium- and long-term targets as the payment ecosystem continues to grow.
Long
by Kinggggg504
1
ZECUSDT is targeting 650$Our analysis confirms the price is appreciating within a well-defined ascending channel and is now approaching a critical technical juncture. The next significant upside target resides within the $600–650 resistance zone. The key focal point is the $600 level. A decisive and sustained breakout above this resistance, confirmed by strong volume, would constitute a major bullish confirmation. Such a move would likely invalidate the current resistance, converting it to support, and open the path for a continued rally toward the upper bounds of the projected target range. Therefore, our outlook is conditionally bullish, contingent upon a confirmed breach of the $600 threshold. All positions should be managed with a stop-loss placed below recent channel support to mitigate risk in the event of a rejection at this key level. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader
1
EURJPY: Bullish Push to 184.24?FX:EURJPY is eyeing a bullish continuation on the 4-hour chart , with price bouncing from an upward trendline near lower high, converging with a potential entry zone at support that could fuel upside momentum if buyers hold amid recent consolidation. This setup indicates a rally opportunity post-pullback, targeting higher resistance levels with risk-reward exceeding 1:2.5 .🔥 Entry between 182.43–182.69 for a long position (entry from current price with proper risk management is recommended). Target at 184.24 . Set a stop loss at a daily close below 182.1 , yielding a risk-reward ratio of more than 1:2.5 . Monitor for confirmation via a bullish candle close above entry with increasing volume, capitalizing on the pair's upward bias near key levels.🌟 Fundamentally , EURJPY is trading around 182.9 in early January 2026, with key events this week including Wednesday's Eurozone HICP Flash (Dec) for preliminary inflation data that could strengthen EUR if higher than expected, signaling ECB hawkishness; and Thursday's ECB SCE (Spring Consensus Expectations) for economic projections that may boost EUR on positive outlooks. For JPY, Monday's Japanese PMI Final (Dec) could weaken the yen if revised lower, indicating manufacturing contraction. Overall, stronger Euro data versus soft JPY readings could favor upside in EURJPY amid low holiday volume. 💡 📝 Trade Setup 🎯 Entry (Long): 182.43 – 182.69 (Entry from current price is valid with proper risk & position sizing.) 🎯 Target: • 184.24 ❌ Stop Loss: • Daily close below 182.10 ⚖️ Risk-to-Reward: • > 1:2.5 💡 Your take? Does EURJPY extend toward 184.24, or do you expect deeper consolidation before the next push higher? 👇
Long
by Master_Hunter
4
Geopolitical storms may once again ignite gold prices. news： On Tuesday (January 6), spot gold rose to a one-week high of $4,474 per ounce during the Asian and European sessions, supported by multiple factors, before encountering selling pressure and falling back. It is currently trading around $4,465 per ounce. The US military strikes against Venezuela, escalating political tensions between Saudi Arabia and the UAE, the turmoil in Iran, and the protracted Russia-Ukraine conflict continue to escalate geopolitical risks, injecting a risk premium into gold. Meanwhile, market expectations of a dovish stance from the Federal Reserve have further solidified gold's positive momentum. This event is not a fleeting headline shock, but a major shift that could reshape the rules of geopolitics. It provides strong and potentially sustained upward momentum for gold from multiple dimensions, including safe-haven demand, dollar credibility, policy uncertainty, and real interest rates. As long as the complexity of the intervention, legal controversies, and potential proliferation risks persist, the bullish sentiment in the gold market is unlikely to subside. The market will closely monitor subsequent international sanctions responses, the cost of US occupation, and the potential for regional conflict; any signs of escalation will further push up gold prices. Technical aspects： The gold market is currently in a recovery phase after its previous sharp decline, with prices trading around $4465. From a short-term technical perspective, gold prices have broken through the 100-hour simple moving average (SMA, 4375.38), considered a key catalyst for the bulls. The 1-hour chart shows strong buying pressure returning, with prices breaking through short-term resistance levels, laying the foundation for a continuation of the upward trend. Strategy Signals： Buy ： 4435-4445, stop loss ：4425, target:4500,4520
OANDA:XAUUSDLong
by TheodoreSilas
1
SHIB the pump started from weekly support --> first target soonAs previously highlighted, the critical weekly support zone has demonstrated validated strength. Price action has indeed respected this level, establishing a firm base and initiating a bullish momentum shift over recent sessions. Our active long signal is now approaching its first take-profit (TP) target. Given the confirmed strength of the rebound from the major support, we anticipate this initial target will be achieved. Looking ahead, the potential for extended gains remains contingent on volume confirmation. A significant and sustained increase in buying volume would indicate stronger market participation and conviction, likely fueling a more robust and prolonged uptrend toward higher-timeframe resistance levels. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Long
by MMBTtrader
USNAS100 Outlook: Bullish Structure Above 25,252 PivotUSNAS100 | Technical Analysis Market Structure - Price is trading above the pivot line (≈ 25,250) after a strong rebound from the recent reversal base - The broader structure remains range-to-bullish, with higher lows forming after each pullback - Multiple bearish reaction zones near ATH show supply pressure, but sellers have failed to push the price below key supports. Current Bias Short-term bullish while holding above the pivot line (25,250) However, upside is conditional, as price is approaching a seller reaction/resistance cluster Bullish Scenario: Holding above 25,250 (pivot) keeps buyers in control Upside continuation toward: 25,575 - 25,716 Extension toward the ATH reaction zone: 25,835 – 25,986 Bearish / Pullback Scenario Failure to hold above the pivot line may trigger a corrective pullback Below 25,250, downside targets: 25,093 - 24,957 A deeper correction could test the reversal base zone around: 24,768 – 24,576 This would still be considered corrective, not trend reversal, unless the market breaks below the reversal base decisively. Key Levels (From Your Chart) Pivot Line: 25,250 Resistance / Reaction Zones: 25,575 - 25,716 - 25,835 Support / Reversal Zones: 25,093 - 24,957 - 24,768
OANDA:NAS100USDLong
by SroshMayi
1
Gold Outlook: Bullish Momentum Holds on Safe-Haven DemandGOLD | Market Overview Gold continues to show bullish momentum while trading above the key support zone, supported by safe-haven demand amid ongoing geopolitical tensions. TECHNICAL VIEW Bullish bias remains active while price holds above 4407–4420 Upside continuation targets: 4446, followed by 4475 and 4500 Alternatively: A 1H candle close below 4407 would weaken the bullish structure and shift momentum to the downside toward 4360 Key Levels Pivot Line: 4431 Support: 4420 – 4407 – 4360 Resistance: 4446 – 4475 – 4500
OANDA:XAUUSDLong
by SroshMayi
Gold Outlook Demand Holding, Upside ProjectedGold forming a classic inverse head and shoulders structure after a sharp bearish impulse. Price established the left shoulder, head, and right shoulder within a clearly defined accumulation base, signaling exhaustion of selling pressure. The neckline is marked around the 4,403 region, and price has reacted strongly from the highlighted buy zone, confirming demand interest. The projected bullish continuation targets the 4,538 resistance/high, aligning with the measured move of the pattern. Overall, the structure suggests a short-term bullish reversal, contingent on sustained acceptance above the neckline.
OANDA:XAUUSDLong
by weslad
21