📈 XAU/USD Analysis – Critical Breakout Zone Approaching (30-Minute Chart)
🔍 Technical Overview:
Chart Type: 30-minutes
Indicators: Ichimoku Cloud
Key Structures: Supply & Demand Zones, CHoCH, BOS, Trendlines, Triangle Formation
🔑 Key Market Observations:
🟢 Demand Zone (Support) ~ $3,300 – $3,310
This area has been tested multiple times and has shown strength in absorbing selling pressure.
A bullish triangle formation is converging into this zone, suggesting a potential breakout point is near.
🔴 Supply Zone (Resistance) ~ $3,375 – $3,390
Repeated price rejection from this zone marks it as a strong institutional-level resistance.
Price needs a clean breakout and volume confirmation to push through this level.
📉 Break of Structure (BOS) & Change of Character (CHoCH):
BOS and CHoCH levels are clearly marked, showing a trend shift from bullish to bearish (post-supply test).
The last CHoCH aligns with a lower high, reinforcing bearish dominance unless invalidated.
📐 Symmetrical Triangle Formation:
Price is squeezing between higher lows and lower highs, coiling before a significant breakout.
Two scenarios are outlined:
Bullish Breakout: Clear move above triangle resistance → test of supply.
Bearish Breakout: Breakdown → revisit demand zone or even drop toward $3,280–$3,270.
☁️ Ichimoku Cloud:
Price is currently testing the lower boundary of the Ichimoku cloud.
A bullish breakout into/above the cloud may act as confirmation of a reversal attempt.
💡 Potential Trade Setups:
✅ Bullish Case:
Trigger: Break and close above $3,335 with volume.
Target 1: $3,375 (Supply Zone)
Target 2: $3,440 (Extended Target)
Invalidation: Rejection from triangle top and close below $3,310.
❌ Bearish Case:
Trigger: Break and close below $3,310 (triangle breakdown).
Target 1: $3,280
Target 2: $3,260
Invalidation: Bullish breakout of triangle and flip of previous CHoCH level.
🔍 Technical Overview:
Chart Type: 30-minutes
Indicators: Ichimoku Cloud
Key Structures: Supply & Demand Zones, CHoCH, BOS, Trendlines, Triangle Formation
🔑 Key Market Observations:
🟢 Demand Zone (Support) ~ $3,300 – $3,310
This area has been tested multiple times and has shown strength in absorbing selling pressure.
A bullish triangle formation is converging into this zone, suggesting a potential breakout point is near.
🔴 Supply Zone (Resistance) ~ $3,375 – $3,390
Repeated price rejection from this zone marks it as a strong institutional-level resistance.
Price needs a clean breakout and volume confirmation to push through this level.
📉 Break of Structure (BOS) & Change of Character (CHoCH):
BOS and CHoCH levels are clearly marked, showing a trend shift from bullish to bearish (post-supply test).
The last CHoCH aligns with a lower high, reinforcing bearish dominance unless invalidated.
📐 Symmetrical Triangle Formation:
Price is squeezing between higher lows and lower highs, coiling before a significant breakout.
Two scenarios are outlined:
Bullish Breakout: Clear move above triangle resistance → test of supply.
Bearish Breakout: Breakdown → revisit demand zone or even drop toward $3,280–$3,270.
☁️ Ichimoku Cloud:
Price is currently testing the lower boundary of the Ichimoku cloud.
A bullish breakout into/above the cloud may act as confirmation of a reversal attempt.
💡 Potential Trade Setups:
✅ Bullish Case:
Trigger: Break and close above $3,335 with volume.
Target 1: $3,375 (Supply Zone)
Target 2: $3,440 (Extended Target)
Invalidation: Rejection from triangle top and close below $3,310.
❌ Bearish Case:
Trigger: Break and close below $3,310 (triangle breakdown).
Target 1: $3,280
Target 2: $3,260
Invalidation: Bullish breakout of triangle and flip of previous CHoCH level.
Trade active
Trade closed: target reached
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♦JOIN FREE TELEGRAM CHANNEL✅
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✅FOREX AND GOLD/XAUUSD SIGNALS
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♦♦Join telegram Group♦♦
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✅FOREX AND GOLD/XAUUSD SIGNALS
✅98% ACCURATE SIGNALS
✅4-6 signals daily 💯💯
♦♦Join telegram Group♦♦
🔗 t.me/+4JhbHmt-Lf41NzZk
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.