XAUUSD – TUESDAY BREAKOUT BUY SETUP, WATCH REACTIONS AT FIBO...💛 XAUUSD – TUESDAY BREAKOUT BUY SETUP, WATCH REACTIONS AT FIBO 1.618–2.618 🎯
🌤 Overview
Hello everyone, Lana here 💬
After spending several days compressed inside a triangle pattern, Gold has finally broken the descending trendline on H1, absorbed liquidity around the FVG zone, and continued to hold above the breakout area.
This shows that short-term bullish momentum is currently favored, with price targeting the higher Fibonacci extensions.
Today the market is waiting for major data releases: CPI, PPI, retail sales… These numbers can create strong volatility, especially when gold is in an “overcrowded trade” condition.
If US consumer data comes in strong, a deeper pullback may appear after a liquidity sweep.
💹 Technical Analysis (ICT Perspective)
On H1, price has:
Broken the descending trendline of the accumulation triangle.
Retested the FVG + liquidity repurchase zone around 4.101–4.105 and bounced back upward.
The 4.133–4.135 area, previously resistance, has now turned into support — a suitable zone for a buy-on-dip strategy.
Technical Targets:
Fibonacci Extension 1.618 of the current bullish leg is around 4.16xx.
Fibonacci Extension 2.618 + major liquidity pool sits around 4.23xx–4.24xx, aligning with previous highs — a zone where sellers may show strong reaction.
Overall, as long as price stays above 4.10–4.11, the short-term bullish structure remains valid.
🎯 Reference Trading Plan
💖 BUY Scenario – Priority with Trend
Buy on breakout – current price zone
Entry: 4.130–4.133
SL: 4.125
TP: 4.150 → 4.175 → 4.198 → 4.230
Buy on deeper retest
Entry: 4.100–4.103
SL: 4.095 (you may choose a tighter SL instead of 3.995 for better R:R)
TP: 4.125 → 4.150 → 4.175 → 4.198
💢 SELL Scenario – Only Short-Term Reaction at Resistance
Sell: 4.167–4.169
SL: 4.175
TP: 4.150 → 4.133 → 4.110 → 3.990
This Sell setup is only for short-term scalping against the trend — priority is to close quickly at nearby TP levels.
⚠️ Important Notes
Today includes CPI, PPI, retail sales and other US data — spreads may widen and price can spike both ways.
Gold is currently a crowded trade, so after strong rallies, deeper washout moves can occur to shake out weak positions.
Best strategy:
Prioritize Buy setups at confirmed support zones.
Reduce position size before major news; avoid holding heavy trades through data releases.
Treat Sell setups only as fast in–fast out scalps.
🌷 5. Conclusion & Interaction – With LanaM2
In summary, the breakout from the H1 triangle supports the scenario of Gold continuing upwards toward the Fibo 1.618–2.618 extension levels, as long as price stays above 4.10–4.11 💛
Today, focus on finding clean Buy entries instead of chasing price, and be cautious during CPI & PPI releases.
If you found this useful, please 💛 Like – 💬 Comment – 🔔 Follow LanaM2 to get daily Gold insights on TradingView ✨
