🚨 Update on Our Last Scenario 🚨
The bullish reaction from the 3,330 demand zone played out with precision!
✅ Price delivered +395 pips
💰 Equivalent to a $39 move in XAU/USD
📈 Clean bounce from the highlighted green zone, with strong momentum toward 3,370.
🚨 Update on Our Last Scenario 🚨
The bullish reaction from the 3,330 demand zone played out with precision!
✅ Price delivered +395 pips
💰 Equivalent to a $39 move in XAU/USD
📈 Clean bounce from the highlighted green zone, with strong momentum toward 3,370.
#XAUUSD
🚨 Update on Our Last Scenario 🚨
The bullish continuation scenario played out cleanly!
✅ Price broke above the consolidation zone
📈 Delivered a +27 USD move from breakout to top (~270 pips)
📌 Tapped directly into our 3,385–3,400 target zone before showing signs pb
🚨 Update on Our Last Scenario 🚨
The bullish breakout played out beautifully!
✅ Price delivered +640 pips
💰 Equivalent to a $63 move in XAU/USD
📈 Clean technical structure respected – textbook follow-through after the 3,400 breakout zone!
Conclusion:
•Bias: Bearish until key resistance (2,888) is broken.
•Strategy: Watch for a bearish reaction at the supply zones for short opportunities, or a strong breakout above 2,888 for a bullish shift.
#XAUUSD 1H
Market Structure:
•The price is in a clear downtrend, with lower highs and lower lows.
Key Levels:
https://t.co/YLBHlQQxe0 Levels:
•2,834.270: Marked as a significant support level where price previously found demand.
2.Bullish Reversal (Less Likely but Possible):
•If price breaks above the trendline and holds above 2,888, we could see a shift in structure, targeting 2,916 next.
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✅ Clear structure: The trend remained bearish, confirming our setup.
✅ this short trade secured 280 pips!
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Key Takeaways from the Short Trade:
✅ Perfect entry zone: Price tapped into the supply area and showed rejection.
✅ Strong bearish follow-through: Price didn’t just reject; it dropped all the way to demand (~2,856).