Current Position – Price is consolidating in the 44,242–44,283 demand zone after a bullish push, showing buyers defending support.
Upside Levels – Break and close above 44,394 can trigger momentum toward 44,515 (major liquidity zone).
Downside Risk – Failure to hold 44,242 likely sends price to 44,026 first, then 43,826 (previous swing low demand).
Market Structure – Short-term bullish above 44,242; turns bearish below it. Volume breakout confirmation is key for conviction.
Trading Approach – Range trade between 44,242–44,394 until a confirmed breakout; trade with tight stops to avoid whipsaws
Upside Levels – Break and close above 44,394 can trigger momentum toward 44,515 (major liquidity zone).
Downside Risk – Failure to hold 44,242 likely sends price to 44,026 first, then 43,826 (previous swing low demand).
Market Structure – Short-term bullish above 44,242; turns bearish below it. Volume breakout confirmation is key for conviction.
Trading Approach – Range trade between 44,242–44,394 until a confirmed breakout; trade with tight stops to avoid whipsaws
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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.
Here is my Telegram channel user name you can Join for Free Analysis and signals t.me/XAUTraderSidS
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.