📊 Technical Analysis – XAU/USD (Gold/USD) – 1-Hour Timeframe 🔁 Market Structure: The overall recent trend has been bearish, but at the latest low, the market has shown signs of a Change of Character (CHoCH). Multiple Breaks of Structure (BOS) to the downside occurred earlier, but the current price action suggests a potential reversal or a bullish correction. 🟩...
📊 Technical Analysis – XAU/USD (Gold vs. USD) – Daily Timeframe 🔁 Overall Market Structure: Since early 2025, the market has been in a strong bullish trend, followed by a few mid-term corrections. A new all-time high was reached around $3,500. After the peak, the price entered a sideways/consolidation phase, currently ranging between $3,360 and $3,460. 🔄 Key...
🔁 Market Structure: The overall trend is bearish, with multiple Breaks of Structure (BOS) confirming sellers are in control. Recently, price formed a Change of Character (CHoCH) at the bottom, which may indicate the beginning of a bullish correction or a temporary reversal. The market is currently reacting from that low, showing signs of bullish pressure. 🟩...
) ✅ Overall Market Structure: After a steady bullish trend, price has experienced a sharp drop and is now reacting to a demand zone around 64.955. The recent price action suggests signs of potential stabilization and a possible bullish reversal. --- 🟩 Key Levels: Major Support Zone: The area between 64.00 – 65.00 acts as a strong demand zone, which has shown...