Rahmatullayev_Halilulloh

XAUUSD is following a bullish trend on the 4H chart. The price reacted from the order block and is continuing upward. Buying in the premium zone may not be ideal; a better entry could come from the discount zone, where an imbalance exists. 🔹 Key Levels: - Support: Order Block & Discount Zone - Resistance: FIBO 1.618 (Potential Target) - Market Structure: Bullish continuation 📉 Risk Management: Trading involves risks. Always use proper risk management and avoid overleveraging. Wait for confirmation before entering trades. 📢 Stay Updated! For more in-depth market analysis and trading ideas, subscribe to my page and turn on notifications!

📌 Major Trend Channel: The price remains within a long-term ascending channel. It recently rejected the upper boundary and is currently testing key support zones.📌 Key Support Zone: The price is reacting to the SNR - Support level. If this level holds, a potential bounce toward 100,297 (mid-channel level) could be expected.📌 Order Blocks & Imbalance: There are key liquidity zones, including a discount price imbalance and resistance order block around 55K-60K, which could act as a magnet in case of further corrections.📌 Potential Upside Targets: If bullish momentum resumes, the next target aligns with the channel’s 50% level at $100,297, before retesting the upper boundary.🔍 Overall Bias: Short-term retracement possible, but bullish structure remains intact above $73,969 support.Risk Warning: Trading carries a high level of risk and may not be suitable for all investors. Please ensure you fully understand the risks and seek independent advice if necessary.

XAUUSD XAU/USD is currently trading within a descending channel, showing a clear downtrend. The price has been respecting the channel boundaries, and we are now approaching the upper limit of this channel.The upper boundary of the channel is near the 3000 level, which is often considered a psychological resistance zone by many traders. This level is significant because it tends to attract market reactions, either causing the price to reverse or break through.If the price tests this level and shows signs of resistance, a potential reversal may be expected, with the downtrend continuing. However, if the price breaks above 3000, it could signal a shift in momentum and lead to further upside movement.Key Points to Monitor: • 3000 level as psychological resistance. • Watch for signs of rejection or a breakout above this level. • Closely observe price action for potential entry points based on the reaction to this level.⸻P.S. If you found this analysis helpful, don’t forget to subscribe for more updates and insights. Stay informed, stay ahead!