XAUUSD Breakout Setup Bullish Move
Gold (XAUUSD) has broken above a major descending resistance trendline on the 2-hour chart, signaling a potential bullish continuation. Price is holding well above the breakout zone and key support, while the projected path suggests a possible pullback/retest before another push higher.
**Target:** $4,407
**Bias:** Bullish
**Key Area:** Breakout/retest around $4,100–$4,125
**Support:** Rising trendline around $4,000–$4,020
A successful hold above the breakout zone could open the way toward the projected $4,407 target.
Futures market
XAUUSD 1H — Market Structure & Liquidity AnalysisAnalysis:
Gold is currently maintaining a bullish market structure, with a clear BOS followed by strong upside displacement. Price has also respected the ascending trendline, keeping the short-term structure constructive.
The chart highlights two important 1H FVG + OB zones:
Upper zone: around 4,350–4,380 — immediate area to monitor for a potential retracement and reaction.
Lower zone: around 4,260–4,285 — deeper structural support if the first zone fails.
Above price, the 4H order-block/supply area around 4,430–4,480 represents a major higher-timeframe reaction zone.
Possible Scenario 🔎
If price retraces into the upper 1H FVG + OB, a bullish reaction could support another move toward the higher-timeframe resistance area.
A deeper retracement into the lower 1H FVG + OB would still keep the broader bullish structure intact, provided the key structure continues to hold.
However, rejection from the 4H OB followed by a clear bearish market-structure shift could indicate a larger corrective move.
Key takeaway:
The market remains structurally bullish, but price is approaching a significant higher-timeframe supply area. Rather than chasing the current move, observing how price reacts around the marked FVG/OB zones may provide better confirmation.
⚠️ Educational purpose only. This is a technical market-structure study, not financial advice. No trade entry or guaranteed outcome is being suggested. Always manage risk independently.
XAU After CPI: Is Gold Ready for 4,500?The CPI is out — and this time, there was no major surprise.
July U.S. CPI rose just 0.1% MoM and 3.4% YoY, while Core CPI increased 0.2% MoM and 2.5% YoY, broadly matching expectations. The reaction was initially supportive for gold as the data reduced pressure for a more hawkish Fed.
But here is the key question: Can XAU/USD turn this CPI reaction into a real breakout?
Gold has already recovered strongly from the 4,350 area and is now trading around the 4,400–4,420 zone. The short-term structure remains bullish, with buyers repeatedly defending the 4,350–4,380 region.
Key levels I’m watching
Resistance: 4,435 → 4,450 → 4,500
Support: 4,400 → 4,380 → 4,350
The first important test is 4,435–4,450. A clean hourly close above this zone, followed by a successful retest, would significantly strengthen the bullish structure and open the door toward 4,500.
However, if gold repeatedly fails around 4,435–4,450 and falls back below 4,380, the CPI move could turn into a classic “buy the news, sell the reaction” setup.
For me, the most interesting scenario is not chasing the first CPI spike. I would rather watch whether 4,380–4,400 turns into new support.
My bias: bullish above 4,380.
If 4,450 breaks convincingly, 4,500 becomes the next psychological target. If 4,350 is lost, however, I would expect a deeper correction before considering another upside attempt.
CPI may have removed one obstacle — now price action has to confirm the breakout.
Elliott Wave SMC Analysis – XAUUSD 8/12/2026
D1 Timeframe
Price has already reached the bearish OB, but so far there has been no clear bearish Displacement to show that order flow is truly shifting to the downside. This suggests that price may still make a buy-side liquidity sweep, potentially when today’s CPI release is announced.
D1 momentum is currently declining, so I still favor the bearish scenario. The plan is to monitor the lower timeframes and look for clear bearish Displacement as confirmation for Sell opportunities.
The FVG below at 4164 remains unbalanced and continues to act as an important price magnet. This area remains one of the potential downside targets if a bearish correction develops.
H4 Timeframe
As I noted in yesterday’s analysis, the FVGs created during the bullish move have not yet been fully rebalanced, indicating that buying pressure remains relatively strong.
Price has now filled one of these FVGs and reacted higher from that area.
At the same time, H4 momentum is still rising. Therefore, we should wait for H4 momentum to reach the overbought zone and observe whether price is able to make a new high.
One important point is that H4 momentum is currently rising from the middle of its range, but price has not produced a corresponding bullish move. Therefore, there is still no clear trading advantage at the moment.
A better scenario would be to wait for H4 momentum to move into the overbought zone and then reverse lower. At that point, we can evaluate additional confirmation conditions for potential Sell opportunities.
H1 Timeframe
Yesterday’s bearish move created a bearish FVG. Price then rallied back to rebalance that FVG but failed to produce a new low.
The following bullish move also created a bullish FVG, and price is currently retracing into this area to rebalance it.
At the same time, H1 momentum is declining, but price has still not produced a clear bearish Displacement. Therefore, I will continue waiting for bearish FVGs to form and then look for retracements back into those FVGs to identify potential Sell entries.
Key Scenario for Today
Today’s CPI release could generate significant volatility, so a break above PDH at 4434 during the news release is entirely possible.
If this happens, Wave (5) could develop into a five-wave Ending Diagonal structure. If this pattern is completed, the bearish move that follows could be very strong.
From now until the CPI release, price may continue to trade with relatively low volatility.
Therefore, patience is important. The preferred scenario is to wait for H4 momentum to reach the overbought zone, then monitor for a reversal and look for a clear bearish Displacement to confirm a potential Sell setup.
6J Long — The structural pullback aligns perfectly with a ferociThe structural pullback aligns perfectly with a ferocious macro catalyst as a hawkish BoJ supercharges the Yen. Offering a massive 4.89R payout, the fundamental strength overrides the modest structural grade for a compelling long.
📍 Entry: 0.00631
🛑 Stop: 0.00629
🎯 Target: 0.0064
⚖️ R:R: 4.89
XAU/USD: Gold Moving in Strong Ascending Channel – Bullish SetupWhat I am seeing:Bullish Trend: Gold is consistently respecting a well-defined ascending channel on the 30-minute chart.Price Structure: The market is making clear higher highs and higher lows, showing strong buyers' momentum.Support Retest: Price has bounced beautifully off the horizontal support zones and the lower trendline of the channel.Why it matters:This technical structure indicates that the upward momentum is intact, and demand remains high at key support levels.What I expect next:I expect the price to maintain its upward trajectory and continue moving toward the upper boundary of the ascending channel.
Gold is poised for a major shift today.The probability of a Fed rate hike in September is currently priced in around 50%. This means tonight's CPI data could directly tip the scales. If the data meets expectations, the Fed may remain on hold; if it exceeds expectations, it could open a cycle of consecutive rate hikes. If tonight's CPI fails to reinforce expectations of a September rate hike, crowded short positions may be forced to be covered on a large scale, exacerbating market volatility.
Looking at the current 4-hour chart, we are watching the resistance level at 4435-4443 and the short-term support level at 4370-4380. We will be using a buy-on-dips strategy. Please be patient and wait for the right opportunity to enter the market. Please pay close attention.
CPI Data Could Boost Gold to New HighsGold rose again during the Asian session today, with consecutive hourly gains raising the overall price level. Currently, gold is consolidating around $4400. The 1-hour chart shows that gold did not break below the key level of $4360, but it did break through the high of the US session's rebound. This indicates that the current bullish trend is stronger.
Today's CPI data will be a crucial news event for gold. The market expects 3.4% for CPI. If today's data is lower than 3.4%, gold will continue to accelerate its rise; conversely, it will be pressured downwards.
Currently, gold has double bottom support in the $4357-$4360 area, with stronger support at $4320. As long as gold does not break below $4320, the main trend remains upward. We can see that the short-term moving average system for gold remains in a bullish alignment, and the upward structure of gold has not been broken. However, after continuous gains, gold is showing signs of insufficient bullish momentum. With today's crucial CPI data released, a significant amount of capital is adopting a wait-and-see approach, and gold is likely to remain range-bound throughout the day.
In summary, today's short-term trading strategy for gold is primarily to buy on dips, with selling on rallies as a secondary approach. Pay close attention to buying opportunities in the 4360-4370 area, and focus on resistance in the 4435-4450 area. When suitable trading opportunities are unavailable, it is advisable to remain on the sidelines.
XAU / USD 4 Hour ChartHello traders. The NY open is just starting. I have marked the 4 hour chart with my possible game plan for a scalp trade. Currently watching the 4 hour and 1 hour as well as the 30 minute chart to see if things can line up. I would rather miss the trade and be right than force or rush a trade and take a loss. Big G gets a shout out. Let's see how things play out, I will update or post another chart if I take a trade. Be well and trade the trend.
Golden days ahead?OANDA:XAUUSD
Gold is in a medium-term correction phase after a strong rally earlier in the year. The chart shows a clear sequence of higher highs that peaked above 5,400, followed by a sustained pullback into the 4,000 area, where price is now trying to stabilize.
Trend and Channel
The most important feature is the descending channel drawn on the chart. Price has been respecting that downtrend for several weeks, which tells us sellers still control the broader short-term structure. However, the current price action is compressing near the lower-middle area of the channel, which often happens before a breakout attempt or another rejection.
Key Levels
The chart marks several important zones. Immediate resistance is around 4,100, with stronger overhead resistance near 4,250 and then 4,390. On the downside, support is visible around 3,960 and 3,886, which appear to be the next levels buyers would want to defend. If price loses that support band, the correction could extend deeper into the lower part of the channel.
Momentum
RSI is around 41, which suggests momentum is still weak but not fully oversold. That usually means gold has room to bounce, but the chart does not yet show a strong bullish reversal signal. A break above the falling trendline would be the first sign that momentum is shifting back in favor of buyers.
Trade Bias
The chart currently favors a neutral-to-bullish rebound setup, but only if price confirms a breakout from the descending channel. The green projected move on the chart suggests a possible retest of the 4,390 area if buyers regain control. Until that happens, the bearish structure remains intact and rallies should be treated cautiously.
Will Gold Prices Rise or Turn Lower?
Upside Scenario:
If the gold price sustains a position above $4,423, it would signal the presence of buying pressure. A breakout above $4,445 would invalidate the bearish reversal pattern (specifically, the "closing price reversal top"), potentially allowing the uptrend to resume. This could drive the price to challenge the $4,481.78 level and the 200-day moving average at $4,499.29, with a subsequent target at the long-term Fibonacci level of $4,541.88.
Notably, the $4,481.78 level represents a 20% decline from the all-time high—a threshold some traders view as the starting point of a bear market—making it, along with the 200-day moving average, a key technical target. The move from breaking the 50-day moving average ($4,148.11) to nearly testing the 200-day moving average took just five trading sessions; this rapid ascent reflects strong, determined buying interest.
Downside Risk:
Conversely, if the gold price falls below yesterday's low of $4,356.70, it could trigger an accelerated decline. It is important to note that there are no significant support zones below $4,356.70 until the $4,188.67–$4,130.48 range; this implies that a breach of this level could quickly open up significant downside potential.
Uptrend – gold price holds above 4,400.1. Overall Trend
Current Trend: Strong Bullish – Short-term Consolidation
Gold has broken strongly above the previous 3,960–4,200 consolidation range, confirming a bullish structural shift.
Price is currently around 4,411, holding well above:
EMA 9 ≈ 4,386
EMA 89 ≈ 4,327
EMA 9 > EMA 89, confirming strong bullish momentum on the H1 timeframe.
The histogram remains positive, indicating that buyers continue to dominate.
RSI(14) ≈ 65.6 remains above 50, supporting the bullish bias, although momentum is no longer in extreme overbought territory.
👉 Conclusion: The H1 outlook remains bullish. The current sideways movement near 4,400 should be viewed as consolidation after the recent breakout rather than a confirmed reversal.
2. Price Structure
H1 Structure:
Higher Low: ~4,300
Higher High: ~4,434
Current Price: ~4,411
The market is maintaining a clear sequence of:
Accumulation → Breakout → Strong Rally → Consolidation → Potential Continuation
The 4,300–4,327 area is now an important support zone. As long as price remains above this area, the bullish structure stays intact.
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SELL GOLD zone : 4497 - 4500
SL : 4505
TP : 4480 - 4460 - 4438
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U S O I L : (Since the Start of August)At the beginning of August, crude was already trading with a major geopolitical premium because the Strait of Hormuz remained heavily disrupted. The market was worried about how much Gulf oil could actually reach global buyers.
Since then, oil has generally stayed elevated rather than collapsing. By August 11, WTI was around $82.23, according to CME data
The Hormuz disruption is the biggest bullish factor. The IEA says global oil stockpiles have been rapidly declining, while disruption around the Strait has restricted one of the world's most important oil-shipping routes.
Higher energy prices are hurting consumption. The IEA now expects global oil demand in 2026 to fall by 1.6 million barrels per day, a considerably weaker outlook than previously expected.
The most important question for the rest of August is Hormuz.
If shipping through Hormuz remains severely restricted and inventories continue falling, oil can make another aggressive upside move.
But if there is a credible agreement that restores shipping, the geopolitical premium could disappear very quickly. At the same time, weak demand and increasing production would become much more important.
Gold at Resistance — Bearish Breakdown SetupXAUUSD Bearish Reversal Setup — Resistance Rejection & Downside Targets 📉
Gold is approaching a major resistance/supply area around 4,440–4,450, where the chart is showing a weak high and signs of potential rejection. The current structure suggests that sellers could step in if price fails to hold above this zone and confirms a bearish break on the lower timeframes.
📌 Key Points:
• 4,440–4,450 is the main resistance/supply zone to watch.
• A rejection from this area can strengthen the bearish setup.
• A clean break below 4,376 can confirm additional downside momentum.
• Support zones around 4,350–4,300 could become the next areas of interest.
• Major downside target is around 4,278.
• Strong volume and bearish candles would add confirmation to the sell scenario.
🔴 Bearish Scenario:
If XAUUSD fails to break and hold above 4,440–4,450, sellers may push price back toward 4,376. A confirmed break below 4,376 could open the way toward 4,350, followed by 4,300. If bearish momentum accelerates, the larger target zone around 4,278 comes into focus.
🟢 Bullish Scenario:
If gold breaks above 4,450 with strong momentum and successfully holds above the resistance zone, the bearish setup could be invalidated. A sustained breakout could encourage buyers to target new highs and continue the broader bullish structure.
🎯 Target Zones:
• Bearish TP1: 4,376
• Bearish TP2: 4,350
• Bearish TP3: 4,300
• Major Target: 4,278
📊 Trading Perspective:
The key is confirmation rather than chasing the move. A rejection around 4,440–4,450 followed by a break of nearby support would provide stronger bearish confirmation. Traders should monitor candle closes, volume, and market structure before entering.
⚠️ Risk Management:
Avoid entering directly into strong support. Consider waiting for confirmation and using a logical stop above the resistance/weak-high area. Manage position size carefully because gold can experience sharp volatility and false breakouts.
Overall, XAUUSD remains at a critical decision zone. A rejection below 4,450 keeps the bearish scenario active, while a strong breakout and hold above this area could shift momentum back toward the buyers. 📉📈
XAUUSD 15M: Weak High Tagged After Bullish BOSMarket Thesis:
The 15-minute structure remains bullish following successive upside BOS events around 4,370.8 and 4,435.2. Price has now reached the LuxAlgo Weak High at 4,441.315 and reacted sharply back below the latest BOS level.
The immediate battle is clear: a reclaim of 4,435.2 favors continuation, while sustained rejection below it increases the probability of a deeper retracement into the highlighted demand area.
Visible Confluences (15M):
Bullish BOS: approximately 4,370.8, confirming the earlier upside structural expansion.
Latest Bullish BOS: approximately 4,435.2, now acting as the key short-term decision level.
LuxAlgo Weak High: 4,441.315 — price has directly tested this liquidity objective and rejected.
Current 15M candle: High 4,441.315, Low 4,430.360, current price shown at 4,431.320.
Primary highlighted demand zone: 4,347.8–4,362.1.
LuxAlgo Strong Low: approximately 4,355.5, positioned inside the primary demand zone.
Secondary highlighted demand zone: 4,314.2–4,330.3.
EQL liquidity marker: approximately 4,325.6, located within the broader lower support region.
No clearly labeled Order Block or FVG is visible on this screenshot, so neither is being used as confirmation.
Trade Scenarios:
Setup 1 — BUY: Bullish BOS Reclaim
Direction: Buy
Entry Zone: 4,432.0–4,435.2
Confirmation: 1M/5M bullish CHoCH followed by a decisive close back above 4,435.2 and successful retest.
Stop Loss: 4,429.800
TP1: 4,441.315
TP2: 4,450.000
TP3: 4,460.000
Logic: Reclaiming the latest BOS after the Weak High reaction would indicate that the pullback has been absorbed and bullish order flow is attempting another expansion.
Setup 2 — SELL: Weak High Rejection
Direction: Sell
Entry Zone: 4,435.2–4,441.315
Confirmation: Bearish 1M/5M CHoCH, rejection momentum from the Weak High, followed by acceptance below the 4,430.360 intraday low.
Stop Loss: 4,444.500
TP1: 4,420.000
TP2: 4,400.000
TP3: 4,362.100
Logic: The Weak High has already been tested and price has rotated beneath the latest BOS. Failure to recover 4,435.2 would strengthen the case for a corrective move toward the nearest highlighted demand zone.
Setup 3 — BUY: Primary Demand Reaction
Direction: Buy
Entry Zone: 4,347.8–4,362.1
Confirmation: Liquidity reaction into the zone followed by a 1M/5M bullish CHoCH or strong displacement/momentum candle.
Stop Loss: 4,343.500
TP1: 4,370.800
TP2: 4,400.000
TP3: 4,435.200
Logic: This is the strongest clearly highlighted support region on the chart, reinforced by the LuxAlgo Strong Low near 4,355.5. A failure below 4,347.8 would shift attention toward the secondary 4,330.3–4,314.2 demand region.
Refinement Tip:
The supplied chart is 15M, so treat these as structural zones rather than blind entries. For optimal Risk/Reward, drop to the 1M or 5M timeframe and require confirmation such as an LTF CHoCH, displacement candle, rejection sequence, or clean structural reclaim before execution.
⚠️ Disclaimer:
Trading financial markets involves significant risk, and no market setup carries a guaranteed outcome. This analysis reflects the structure and probabilities visible on the supplied chart at this specific moment and is provided strictly for educational and analytical purposes. Apply independent judgment, disciplined position sizing, and predefined risk management before taking any trade.
Natural Gas: Breakout Test Near 2.80📊 Natural Gas: Breakout Test Near 2.80
🔥 What happened?
Natural Gas continued the bullish recovery after holding the 2.64-2.67 support zone. Price reclaimed the moving averages and is now testing the key resistance area around 2.80-2.81.
This is the same zone where previous upside attempts were rejected, so the market is now at an important decision point.
🧠 Why did this happen?
The move is mainly technical: buyers defended support, reclaimed 2.71, and pushed price through 2.74-2.76. Once price moved above EMA9, EMA20, SMA50 and SMA200, short-term momentum accelerated.
But the fundamental background is still mixed. EIA recently reported a larger-than-expected 33 Bcf storage build, and inventories remain above the five-year average. That keeps the broader upside limited. At the same time, short-term weather and power demand can still support quick rebounds.
📉 Indicators
RSI is around 76, which means Natural Gas is already overbought on the 1H chart. MACD remains bullish, and price is above all key moving averages, so momentum is strong.
The problem: price is now directly under resistance at 2.80-2.81. This is not the best place to chase longs unless there is a clean breakout.
🎯 What’s Next?
Bullish Scenario:
If Natural Gas breaks and holds above 2.80-2.81, the next upside targets are 2.84-2.86.
Rejection Scenario:
If price fails at 2.80-2.81, a pullback toward 2.76, then 2.74-2.71, is possible.
Bearish Risk:
If price falls back below 2.71, the breakout attempt weakens and the market may return toward 2.67-2.64.
💡 Key Takeaway
Natural Gas has completed a strong support bounce and is now testing the key 2.80-2.81 resistance zone. Momentum is bullish, but RSI is overheated. A breakout confirms continuation; rejection may trigger a healthy pullback.
⚠️ Not financial advice.






















