Natasha512

Key Points1. Breakout in trend line and Daily FVG Zone observed.2. Gold retested the trend line after breakout and is currently in the Daily FVG Zone.3. Two possible scenarios:A. Bullish movement when the market opens, potentially reaching a new ATH (target: 3360).B. If the 4H candle closes below the FVG level, a drop to 3130 is possible.Key Level1. 3225: 4H candle close below this level would confirm a sell signal. If it doesn't close below, the outlook remains bullish for next week.

Strong Sell Candles left FVGS.Gold Moved Down From 2920 to 2875 By Respecting Mentioned Above FVG On The Chart. We Can Observe Another Unmitigated FVG On The Chart.Two Possibilities Here, Gold Can Move Upto 2905 By Filling it's Remaining Orders Or 4H Candle Close Below 2875 This Will Also Indicate Strong Sell.In Both Conditions We Will See Waterfall, We Will Wait For The Exact Setup As I Get It, I Will Provide You Sniper Entry.Strong Selling Areas= 2900_2910, 2870_2875

XAU/USD 4-Hour Time Frame: Gold Exhibits Uptrend Within Parallel ChannelOur technical analysis indicates that gold is trending upward within a well-defined parallel channel on the 4-hour chart. Recently, the price dipped to $2,888, likely due to institutional traders hunting stop-losses. With liquidity now absorbed, we anticipate a bullish scenario, potentially leading to new all-time highs.This outlook is further supported by the current macroeconomic environment, with inflation concerns and geopolitical tensions driving safe-haven demand for gold. Additionally, the recent weakness in the US dollar may provide further upside momentum for the precious metal.

Gold is currently trading within a well-defined parallel channel, exhibiting a robust uptrend on the 1-hour time frame. The precious metal is now poised to test the major trend line situated at the $2,950 level.As gold approaches this critical resistance zone, we may anticipate sellers to emerge, potentially triggering a reversal. However, for the time being, the prevailing trend suggests maintaining a buy position.News Impacts to Consider:Investors should keep a close eye on key economic indicators, such as inflation rates, interest rate decisions, and geopolitical developments, as these factors can significantly influence gold prices.Any signs of economic downturn or monetary policy shifts could bolster gold's safe-haven appeal, driving prices higher. Conversely, a strengthening US dollar or rising interest rates could exert downward pressure on gold prices.Trade Strategy:In light of the current trend and potential news impacts, consider maintaining a buy position with a target at the $2,950 level.

Technical Analysis Report: Gold (XAU/USD)(Market Summary)Gold is currently trading in a strong upward trend, with the price respecting both support and resistance lines. The bulls are in control, and the price is likely to continue moving higher.(Key Levels)- Resistance Level: (2790) A close above this level could be a significant breakout, indicating a new bullish swing. This could lead to a surge in buying pressure, pushing the price even higher.- Support Level: (2750) This level has been acting as a support, and if the price pulls back to this level, it could be a buying opportunity.- Sell Correction Zone: (2830) If the price reaches this zone, we can expect a sell correction. This could be a good opportunity to take profits or adjust positions.Fly From 2778 to 2810 Leads 300 Pips Profit. For Now Gold may get small Retracement but it will be of just few Pips then again it flies towards 2830 final target just be patience traders.

XAUSD 2-Hour Chart Analysis:A bearish reversal pattern CHOCH has been identified on the 2-hour chart of XAUSD, following multiple bullish bars. Additionally, a Fair Value Gap has been observed, indicating a potential imbalance in the market.Based on this technical analysis, a strong sell signal has been generated, suggesting the start of a downtrend. Traders are advised to avoid buying against the trend and instead focus on selling opportunities.Strong Selling Area: (2750-2760)News Impact:The current downtrend in gold may be exacerbated by news-driven market sentiment. A stronger US dollar, rising interest rates, or decreased demand for safe-haven assets could further contribute to the decline in gold prices. Conversely, any positive news that boosts demand for gold could potentially trigger a reversal. However, based on the current technical analysis, the sell signal remains strong.Note:Trading in financial markets carries inherent risks, and traders should always conduct thorough research and analysis before making any trading decisions.Gold reached at 2760 from 2733. We Got 270 Pips Profit. Currently Gold is at P.O.I also filled FVG soon we will see waterfall. Support me if you like this idea.

Observations suggest that Gold is trending upward within a parallel channel, with trend lines serving as key resistance and support levels, on the 4-hour time frame.Recently, Gold has experienced a reversal from the resistance line and is expected to test the support line shortly.Upon finding support, we anticipate Gold will propel higher and reach new highs around 28**. In the near term, a sell opportunity may arise up to 2750.Key buying areas to watch are:1. 2745-27502. 2730-2733These levels may provide a strong foundation for a potential upward move.Support me if you Like my idea.Both targets were hit! Gold dropped to 2747, reaching our sell target of 2750. It then bounced back from the 2745-2750 buying area, gaining momentum to move higher.