XAUUSD – DAILY BULLISH SCENARIO – TARGET 4050💛 XAUUSD – DAILY BULLISH SCENARIO – TARGET 4050 🎯
🌤 1. Overview
Hello everyone 💬
Although the larger trend for gold leans towards a downtrend, today I prioritize a bullish scenario in the short term.
On the M30 chart, the price structure is gradually increasing, indicating that short-term capital is shifting towards buyers.
The 3990 zone is a very important area – where a Break of Structure (BOS) has just appeared and is also a strong resistance that has reacted multiple times before.
Price needs to confirm a break above this area to continue expanding the bullish trend.
💹 2. Technical Analysis (ICT Perspective)
📈 An ascending structure (BOS) has formed on M30.
🟣 Buy Zone 3977–3979 coincides with the support trendline – a beautiful confluence point for buyers.
🔹 Resistance zone 3990–4000 is the area to confirm the main direction.
💫 Higher target: Fibonacci Extension 1.618 area around 4049–4050, coinciding with the psychological resistance at 4050.
🎯 3. Reference Trading Plan
💖 Main BUY (priority)
Entry: 3977–3979 | SL: 3970
TP: 3988 – 4000 – 4022 – 4040 – 4050
💢 Short SELL (when price reacts strongly at resistance)
Entry: 4012–4014 | SL: 4020
TP: 4002 – 3988 – 3965
⚠️ 4. Important Notes
Price needs to confirm above the 3990 area to solidify the bullish trend.
If it breaks below 3970, the ascending structure is temporarily invalidated.
Today, prioritize buying according to the capital flow, sell only when there is a clear signal at the resistance zone.
🌷 5. Conclusion & Interaction with LanaM2
Gold is showing positive signals 💛
Be patient and wait for reactions at the Buy Zone 3977–3979, this could be the starting point for a new upward move towards 4050.
This is not an investment recommendation, just a personal view according to the ICT method.
If you find it useful, please 💛 like – 💬 comment – 🔔 follow LanaM2 to update gold analysis with me every day ✨
Xauuslong
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold prices surged 1% on Friday as U.S. Treasury yields fell, driven by optimism for a potential interest rate cut by the Federal Reserve in September. Data showed U.S. prices rose modestly in June, giving Fed policymakers fresh evidence of progress in their battle against inflation. The personal consumption expenditures (PCE) price index increased by 0.1% last month, pushing benchmark 10-year note yields to a one-week low.
In this video, we analyze the impact of these fundamental dynamics on the Gold market and explore the technical implications on the charts. With the Federal Reserve's monetary policy decision coming up next week, the central bank is expected to keep rates unchanged. However, this meeting could set the stage for the first rate cut in September.
What can we expect from the gold market in the coming week?
XAUUSD Technical Overview:
This week, we're focusing on the crucial $2,390 level. This is a big deal for gold traders - it could be a make-or-break point. If gold stays above $2,390: Bulls might take control, potentially pushing prices higher and setting up new highs. If gold maintains selling pressure below $2,390: Bears might gain the upper hand, and prices could head south respecting the descending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
#Gold #GoldPrices #FederalReserve #InterestRates #Forex #Trading #MarketAnalysis #TechnicalAnalysis #PCE #USInflation #TreasuryYields #Investing #Finance #EconomicData #ForexTrading #XAUUSD📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
xauusd scalp signalfor the day 20/72024 xauusd is following a ranging pattern and now we will post a scalp signal for xauusd.
sell limit
entry 2330.50
tp 2329
2327.50
2325
buy limit
entry 2322
tp 2324
tp 2326
tp 2329
use comfortable sl in both entries. trade with proper risk management.
boost us follow us support us
XAUUSD D1: Bearish outlook seen, potential reversal below 1806.2On the Daily time frame, prices are approaching the resistance zone at 1806.20, in line with the graphical support-turned-resistance level and 38.2% Fibonacci retracement. A pullback to the resistance zone at 1806.20 presents an opportunity to play the drop to the next support target at 1727.80 which coincides with the graphical support zone and Fibonacci confluence levels. Stochastic is testing resistance supporting the bearish bias.



