Trend: Market structure turning bullish after multiple Breaks of Structure (BOS) confirming higher highs and higher lows.
EMA Strategy: Price is now trading above both the 70 EMA (3,996) and 200 EMA (3,982) — a clear bullish bias confirmation.
Channel Pattern: A bullish ascending channel formed, with consistent rejections at the lower boundary, showing strong buyer presence.
Demand Zone: The 3,970–3,986 zone acts as a high-probability demand area, aligning with EMA confluence and previous BOS — ideal for potential long entries.
Entry Strategy: Look for bullish candle confirmation or retest within the demand zone before entry.
Target Point: 4,058 — projected from the last swing high and Fibonacci extension zone (+1.81%).
Stop Loss: Below 3,970 (demand zone invalidation).
📈 Summary: Bullish structure + EMA crossover + strong demand zone support indicate a potential long opportunity toward 4,058. Buyers should watch for a pullback to demand before entry for best risk-reward setup. XAGUSDDXYUSOIL
XAUUSD UPDATE : IF XAUUSD FAILS TO CLOSE ABOVE 4061 ON MONDAY, be ready to buy gold in cheaper prices this dhanteras and deepawali.....it seems all markets will profit book except the one in INDIA👍
GOLD Institutional flow remains active, with smart money participants accumulating positions at discounted levels. The ongoing liquidity rotation suggests that Gold is in a preparation stage for its next impulsive move. Short-term corrective swings are functioning as liquidity grabs, allowing the market to absorb residual sell-side orders before transitioning into bullish continuation.
XAUUSD Gold remains on the volatile edge one Trump comment alone was enough to trigger a sharp $30 spike and then an immediate decline. With multiple catalysts in play government shutdown, the Gaza deal, and ongoing headline noise the market is still heavily panic -driven.
From a pure price action perspective, today’s and Monday’s closes will be key. A daily close below 4000 would reconfirm that gold is capped, unable to trade above 4010 despite today’s spike. If this breakdown holds, gold is strong to remain range-bound between 3930–3990 next week until clarity emerges on the political and macro fronts to buy back from lower ends .
For now, we should remain cautious respecting the volatility while watching for confirmation signals around the 4k mark closing below it . Let’s see how it unfolds .
XAUUSD View for Monday, if xauusd is trading between 3960-3970(Only) then buy with SL 3945 for targets 3985, 3995, 4010 and 4030 on Monday....no view for sell...Very Small quantity.....i.e. if your capital is 50k, buy with 0.02-0.03. SL strict If it goes below 3950 by 2.30 do not buy or sell.