XAU/USD (Gold) (4h-1h)
XAU/USD (Gold) on the 4-hour and 1-hour timeframes. Price is currently in an impulsive wave targeting the 2,650-2,660 region, with a 1.618 Fibonacci extension at 2,647.617 suggesting a potential peak.
Key elements:
POC (4H) at 2,581.633 and 2,516.272 (1H) act as major support levels.
Demand zone around 2,485.190 indicates strong buying interest if prices retrace.
Wyckoff accumulation suggests the market is in a markup phase, supported by institutional activity.
Invalidation point at 2,672.644 indicates the structure would need reassessment if exceeded.
Overall, the setup favors a continued upward move unless critical support levels or trendlines are broken.
Key elements:
POC (4H) at 2,581.633 and 2,516.272 (1H) act as major support levels.
Demand zone around 2,485.190 indicates strong buying interest if prices retrace.
Wyckoff accumulation suggests the market is in a markup phase, supported by institutional activity.
Invalidation point at 2,672.644 indicates the structure would need reassessment if exceeded.
Overall, the setup favors a continued upward move unless critical support levels or trendlines are broken.
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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.