XAUUSD M15
Gold (XAU/USD) touches fresh highs, retreats to $2,780 (+0.25% intraday)
Key drivers:
- Geopolitical tensions
- US presidential election uncertainty
- Traders await US macro releases for Fed's interest rate clues
*Technical Overview*
*M15 Chart*
- Price holds above trend line and liquidity zone ($2,779)
- Breakdown expected to retest $2,775-$2,770
*H4 Chart*
- Continuous increase leads to low liquidity
- Correction expected to $2,770-$2,756
- Requires sharp H4 candlestick drop with close below support
*Trading Signals*
*Buy Zone*
- $2,656-$2,653
- Stop-loss (SL): $2,649
- Take-profit (TP): $2,659-$2,669
*Note*
- Refer to the attached chart for better market visibility.
Key drivers:
- Geopolitical tensions
- US presidential election uncertainty
- Traders await US macro releases for Fed's interest rate clues
*Technical Overview*
*M15 Chart*
- Price holds above trend line and liquidity zone ($2,779)
- Breakdown expected to retest $2,775-$2,770
*H4 Chart*
- Continuous increase leads to low liquidity
- Correction expected to $2,770-$2,756
- Requires sharp H4 candlestick drop with close below support
*Trading Signals*
*Buy Zone*
- $2,656-$2,653
- Stop-loss (SL): $2,649
- Take-profit (TP): $2,659-$2,669
*Note*
- Refer to the attached chart for better market visibility.
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EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
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