Multi-Timeframe Analysis - Week 08
Tracking Key Levels: XAUUSD Monitors High-Timeframe POIs Amid Bullish Expansion
Market Context
Quarterly Chart
XAUUSD remains in a bullish breakout, printing higher highs and higher lows for the last six quarters.
No pullbacks in six quarters, reinforcing strong trend continuation.
Monthly Chart
February follows a short consolidation after expansion, with a slight pullback forming a ST-HL at 2536.
Price closed above November’s open (2745) and remains above the ST-HH at 2780.
Imbalance between 2770 (high) and 2730 (low) may act as a retracement zone, but a test is not required.
Weekly Chart
Week 07 closed bullish, but formed a long bearish wick toward the end of the week.
Imbalance between 2860-2820 is expected to be tested in Week 08.
No significant pullbacks since January 2025, reinforcing breakout structure.
Daily Chart
Consolidation range between 2940 high and 2860 low—key POIs for Week 08.
Weekly levels at 2820-2860 remain critical for long re-entries.
4H Chart
Price reached a high of 2942 and a low of 2860, consolidating through Thursday and Friday.
Friday’s close near 2860 open price kept the range intact.
Bearish signs have appeared, but HTF POIs remain in focus for buying interest.
Plan for Week 08
Monitor HTF POIs
Weekly imbalance at 2820-2860 is key for potential long re-entries.
React to Price Action
Look for reversal confirmations if buying interest appears at key levels.
If buying pressure is weak, adjust the weekly plan accordingly.
Stay Objective Ahead of Key Events
FOMC on Wednesday & PMI on Friday could increase volatility.
Watching for a bullish reversal pattern between Monday-Wednesday to confirm a weekly low.
Be Open to Lower Prices if Momentum Shifts
If bearish price action strengthens, lower prices could become a draw.
No short positions unless confirmed selling pressure emerges.
Reflection Prompt
How does staying objective at key high-timeframe POIs improve execution and risk management in volatile market conditions?
#XAUUSD #Gold #TradingView #MarketAnalysis #PriceAction #PipsnPaper
Market Context
Quarterly Chart
XAUUSD remains in a bullish breakout, printing higher highs and higher lows for the last six quarters.
No pullbacks in six quarters, reinforcing strong trend continuation.
Monthly Chart
February follows a short consolidation after expansion, with a slight pullback forming a ST-HL at 2536.
Price closed above November’s open (2745) and remains above the ST-HH at 2780.
Imbalance between 2770 (high) and 2730 (low) may act as a retracement zone, but a test is not required.
Weekly Chart
Week 07 closed bullish, but formed a long bearish wick toward the end of the week.
Imbalance between 2860-2820 is expected to be tested in Week 08.
No significant pullbacks since January 2025, reinforcing breakout structure.
Daily Chart
Consolidation range between 2940 high and 2860 low—key POIs for Week 08.
Weekly levels at 2820-2860 remain critical for long re-entries.
4H Chart
Price reached a high of 2942 and a low of 2860, consolidating through Thursday and Friday.
Friday’s close near 2860 open price kept the range intact.
Bearish signs have appeared, but HTF POIs remain in focus for buying interest.
Plan for Week 08
Monitor HTF POIs
Weekly imbalance at 2820-2860 is key for potential long re-entries.
React to Price Action
Look for reversal confirmations if buying interest appears at key levels.
If buying pressure is weak, adjust the weekly plan accordingly.
Stay Objective Ahead of Key Events
FOMC on Wednesday & PMI on Friday could increase volatility.
Watching for a bullish reversal pattern between Monday-Wednesday to confirm a weekly low.
Be Open to Lower Prices if Momentum Shifts
If bearish price action strengthens, lower prices could become a draw.
No short positions unless confirmed selling pressure emerges.
Reflection Prompt
How does staying objective at key high-timeframe POIs improve execution and risk management in volatile market conditions?
#XAUUSD #Gold #TradingView #MarketAnalysis #PriceAction #PipsnPaper
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.