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[Funded Prop BX @FundedPropBX]

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[Funded Prop BX @FundedPropBX]

XAUUSD has formed a Change of Character (CHOC) and rebounded from the demand zone below it, creating a new swing low. The market is now retracing after the CHOC, and a fresh supply zone has emerged around $2665. For a full bearish reversal, the market needs to experience a Break of Structure (BOS) following the CHOC. Since no bearish BOS has occurred yet, the market remains in a neutral, sideways trend with bearish flavour as it's one step to a complete bearish reversal through a bearish BOS.

#XAUUSD #SupplyZone #DemandZone #CHOC #MarketNeutral #SidewaysTrend

[Funded Prop BX @FundedPropBX]

On the XAUUSD chart, price has retraced to the 78.6% Fibonacci level after the break of structure (BOS), reaching the $2685 area. The demand zone at $2655 is holding firm, suggesting that bulls are defending this level. As long as the price remains above this demand zone, the short-to-medium-term trend remains bullish. If prices break and close below the demand zone, this would indicate a potential shift in market sentiment.

#XAUUSD #Gold #DemandZone #BullishTrend #Retracement

https://t.co/GNspFWMIGd

[Funded Prop BX @FundedPropBX]

On the XAUUSD chart, a notable bullish breakout has occurred, resulting in a break of structure (BOS). This upward movement indicates renewed strength from the bulls, with price moving past key resistance areas. The next profit targets lie between 2680 and 2700, where traders may anticipate further bullish momentum before possible retracement or consolidation.

#XAUUSD #Gold #Breakout #BullishStructure #TradingTargets

[Funded Prop BX @FundedPropBX]

On the BTCUSD chart, the bulls appear to maintain strength as the price continues to respect key demand zones. While the price has tested the supply zone multiple times, the bearish reactions are becoming weaker with each touch, indicating diminishing influence from the bears.

This loss of bearish momentum increases the likelihood of a bullish breakout above the supply zone, potentially driving the price towards the $66,000 level. Traders may anticipate further upward movement if the supply zone fails to hold on future tests.

#BTCUSD #SupplyZone #DemandZone #BullishBreakout #TradingAnalysis

https://t.co/GNspFWMIGd

[Funded Prop BX @FundedPropBX]

XAUUSD is currently approaching a bearish reversal, as a Change of Character (CHoCH) has formed. For this reversal to be confirmed, there needs to be a bearish Break of Structure (BOS) at $2,624. The market is now rebounding to retest the recent supply zone between $2,633-$2,640.

A potential reversal from the supply zone, followed by a close below the recent swing low (BOS), would confirm the bearish reversal. However, the overall trend remains neutral until a clear bullish BOS (break above the swing high) or a bearish BOS (close below the recent swing low) is established. Traders are awaiting either of these key confirmations for further directional clarity.

#XAUUSD #SupplyZone #BreakOfStructure #CHoCH #BearishReversal #TradingStrategy

https://t.co/GNspFWMIGd

[Funded Prop BX @FundedPropBX]

BTCUSD is currently in its second test of the nearest supply zone, with the first test occurring on August 24, 2024 📅. After this second test, BTCUSD is likely to sweep liquidity beneath, potentially touching or wicking through the Fair Value Gap (FVG) at $61,300-$61,800 🔻. A re-entry or close inside/above the supply zone is expected, which could strengthen the overall bullish sentiment. The short to medium-term trend for BTCUSD remains bullish 📈.

#BTCUSD #SupplyZone #LiquiditySweep #FVG #PriceAction #CryptoTrading #BullishMomentum #BTC

[Funded Prop BX @FundedPropBX]

XAUUSD made a 🐂bullish Break of Structure during the Asian trading session. As the London session about to begin, the market is shifting sideways and appears poised for a possible correction 🔄. Key support levels are found at the demand zones and Fair Value Gap (FVG). If the price breaks below this demand zone, it could signal a Change of Character (reversal), leading to further downside pressure 📉.

#XAUUSD #BreakOfStructure #DemandZone #FairValueGap #LondonSession #Correction #Gold #ChangeOfCharacter #PriceAction #Forex

[Funded Prop BX @FundedPropBX]

During today's Asian trading session, the gold market completed a Break of Structure (BOS), confirming a bullish trend 📈. A notable imbalance candlestick, highlighted in blue 🔵, appeared as the market moved upward. Below the Break of Structure, three strong demand zones have formed, providing key levels for future support 📊. Overall, the trend for XAUUSD remains bullish and gold continues to shine 🌟.

https://t.co/GNspFWMIGd

#XAUUSD #Gold #BullishTrend #BreakOfStructure #DemandZone #Imbalance #Forex #GoldTrading #BullMarket #AsianSession #PriceAction

[Funded Prop BX @FundedPropBX]

The FED has cut the rate by 50 basis points, and the market initially reacted with a fake bullish breakout 🎭, followed by a drop to test the demand zone at $2544 - $2553. After testing this level, price bounced back strongly 🚀 and broke above the recent supply zone (order block) at $2576, forming a Change of Character 🔄. This breakout is a strong bullish signal 📈, indicating that the market could be gearing up to form a new all-time high (ATH) 🌟. Traders should watch for further confirmation as this could mark the beginning of a major upward rally in #gold!

#XAUUSD #GoldTrading #FED #RateCut #Bullish #ChangeOfCharacter #SupplyZone #DemandZone #ATH #Forex #MarketRally #Gold

[Funded Prop BX @FundedPropBX]

In this XAUUSD chart, 🐻 bears seem to be gradually taking control ahead of the FOMC meeting. The market is expected to test the next demand zone near $2556 - $2559. Traders are positioning themselves for a potential rate cut 📉, which could cause a brief dip (wick) to this demand zone followed by a reversal upward 🔄 breaking supply zones if the cut is realized. Conversely, if no rate cut happens, we may see continued bearish momentum with a stronger US dollar 💵 pressuring gold and other major currencies. Keep a close eye 👀 on market sentiment around the FOMC announcement for potential volatility ⚡.

#XAUUSD #GoldTrading #FOMC #RateCut #BearishMarket #DemandZone #Forex #USDollar #MarketAnalysis

https://t.co/GNspFWMIGd

[Funded Prop BX @FundedPropBX]

In the latest #XAUUSD update, the price is facing choppy movements as the market anticipates the FOMC interest rate decision on Wednesday. Bulls are struggling to maintain momentum, leading to profit-taking from long positions. Bears, on the other hand, are gradually building up short positions, as evidenced by the multiple supply zones highlighted in red.

Key focus today is the demand zone (order block) at 2563-2568, which aligns with a Fair Value Gap (FVG), suggesting it could act as a strong support level. Keep an eye on this area for potential bullish re-entry points.

https://t.co/GNspFWMIGd

#gold #forex #trading #technicalanalysis

[Funded Prop BX @FundedPropBX]

🟢 #XAUUSD bulls have recovered from last Friday's retracement, revealing a strong demand zone with a Fair Value Gap (FVG) just above it. This zone presents a key opportunity to buy low on future pullbacks. The short to medium-term trend remains bullish, with price likely aiming for the all-time high at $2600. 📊💹

#Gold #Bullish #DemandZone #Trading #Forex #PriceAction #ATH
https://t.co/GNspFWNgvL

[Funded Prop BX @FundedPropBX]

🚀 #XAUUSD surged over 600 pips after breaking out of a month-long consolidation. Price may retrace to fill the Fair Value Gap (FVG) or wick through the demand zone around $2518 before continuing the bullish move. Short-term outlook points to a bullish pullback, while the medium to long-term trend remains bullish. 📈💹

#Gold #BullishTrend #ForexTrading #PriceAction #MarketAnalysis #Trading

[Funded Prop BX @FundedPropBX]

#XAUUSD remains bullish despite yesterday's sharp 200-pip drop 📉 in a single candle. The demand zone held strong, preventing a break below. With the supply zone broken, the short to medium-term trend stays bullish 📈 unless the demand zone is breached with a wick through it. #Gold #Forex #Trading #Bullish

https://t.co/GNspFWMIGd

[Funded Prop BX @FundedPropBX]

#XAUUSD has reached a key supply zone, indicated by the formation of small-bodied candlesticks (orange), where the candle bodies account for less than 50% of the overall range. This suggests weakening upside momentum. With the release of the U.S. CPI data today, there is potential for significant price action. Should the CPI come in higher than expected, it could present a strong opportunity for short positions, as prices are already positioned within the supply zone. A whipsaw effect may occur, with prices briefly reaching for liquidity near the extreme supply zone around $2,530, before potentially retreating toward the demand zone. Conversely, if the CPI data comes in lower than forecast, there is a possibility for prices to break above these supply zones. #gold #forex #trading #technicalanalysis

https://t.co/GNspFWMIGd

[Funded Prop BX @FundedPropBX]

#XAUUSD started Tuesday with a bullish correction, rebounding from a fresh demand zone and heading towards the supply zone at $2522. If the new demand zone breaks, prices may return to the previous demand zone at the extreme low. Short-term trend remains bullish. #Gold #XAUUSD #Trading #Forex

[Funded Prop BX @FundedPropBX]

#EURUSD hit supply on Friday, then plunged after poor NFP data. A bearish CHoC triggered, shifting sentiment to bearish. The price is currently supported by two demand zones. Equal lows at 1.1073 and 1.1037 are vulnerable, and the price could drop to the extreme demand at 1.1025 before a potential reversal. #Forex #EURUSD #Trading

https://t.co/GNspFWMIGd

[Funded Prop BX @FundedPropBX]

XAUUSD is currently ranging with liquidity pockets forming both at the upper and lower ends of the range. A breakout on either side seems imminent, with the upper side looking more likely to be taken out, leading to continued bullish momentum. If upcoming NFP and unemployment data show a mixed or worse-than-expected outcome, the bullish case strengthens further. Technically, the price has already breached a key supply zone, reinforcing a medium-term bullish outlook.

https://t.co/GNspFWMIGd

#XAUUSD #Gold #Forex #Liquidity #BullishMomentum

[Funded Prop BX @FundedPropBX]

🚨 Heads up, traders! This week's crucial economic events are approaching. Stay informed, stay nimble, and trade smarter! 💹

#HighImpactNews #FundedPropBX

[Funded Prop BX @FundedPropBX]

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