🔰 Short on Rejections (Secondary Strategy) 1️⃣ First sell zone: 4250–4256 2️⃣ Second sell zone: 4270–4275 If the price reaches these zones and shows: ▪ Long upper wicks ▪ OR a 1H bearish reversal candle Light short positions may be considered. 🎯 Targets: 4230 / 4220 ⛔ Stop-loss: above 4262
📌 Conclusion: Bullish Trend Intact — Short-term Consolidation, but Still Looking Upward 1️⃣ H4 bullish structure intact → Bollinger Band expansion → uptrend not finished 2️⃣ H1 acceleration → mild pullback is normal digestion 3️⃣ 4220 (MA20) = short-term bullish lifeline 4️⃣ As long as 4175–4180 holds, the trend continues toward 4270–4280, and a strong breakout may lead to 4300.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. tradingview.com/x/XHIPqaNG/
XAUUSD Good day ! Gold is carrying strong bullish momentum after Friday’s breakout. Dips are still getting defended well with the rate-cut bets and the steady news flow backing the buyers. Going by the classic 3-day breakout rule, this is day two, so continuation moves are still valid as long as price holds above the breakout area. For day trades, I’ll suggest to buy the dips . Trade safe .
XAUUSD XAUUSD – Steven | Waiting for a Pullback to Fibonacci & Volume Profile Zones to Continue the Mid-Term Uptrend Scenario 1 – Trend-Following Setup (Primary Choice)
Look for buying opportunities when gold retraces into the key Fibonacci and POC zones.
First Buy Zone: 4,209–4,207
Entry: 4,209–4,207
Stop-loss: 4,200
Targets: 4,232 → 4,260 → 4,290
Second Buy Zone: 4,164–4,166
Entry: 4,164–4,166
Stop-loss: 4,158
Targets: 4,182 → 4,195 → 4,220
Both zones align with deeper pullback levels where buyers are expected to react, supporting the continuation of the mid-term bullish trend.
XAUUSD ✨ XAUUSD – Early-week continuation buys, with profit targets at Fibonacci extension zones
Trading Approach
At the start of the week, my focus remains on following the bullish momentum. I prefer entering on clean pullbacks rather than chasing price at resistance.
Primary Plan – Trend-Following Buy
Buy Zone: 4,194 – 4,195
Stop Loss: 4,185
Targets: 4,210 → 4,235 → 4,270 → 4,295
This setup aims to take advantage of the upward structure, with profits scaled out at key resistance and Fibo extension areas.
Secondary Plan – Quick Counter-Trend Sell
Sell Zone: 4,285 – 4,287
Stop Loss: 4,295
Targets: 4,262 → 4,240 → 4,210
This scenario is only considered if price reaches the higher extension zone and prints a clear reversal signal. It is meant for short, light-volume trades against the main trend.
XAUUSD From a technical perspective, the monthly chart continues its bullish trend, while the weekly and daily charts closed with significant gains. Last week, after testing the 10-day moving average (MA10) at 4050/40, the price regained support in that area. The daily chart also shows strength, with the MA10 and 7-day moving averages trending upwards, and the lows gradually moving higher. The price is trading within the upper Bollinger Band channel, and the RSI indicator is above the midline. The short-term 4-hour and 1-hour charts also show an upward-trending moving average system, with the Bollinger Bands expanding upwards. The initial trading strategy for gold at the start of the week should focus on buying on dips, followed by selling at key resistance levels.
In the short term, gold prices finally broke through the resistance at 4210, after which they pulled back slightly. Currently, a strong upward trend has formed on a smaller timeframe, and further gains are possible after the pullback. On the 4-hour chart, the main support level is at 4200. If the upward trend continues, a significant pullback is unlikely; therefore, it's important to watch for buying opportunities after a short-term bottom is established.
Key Levels:
First Support: 4208, Second Support: 4190, Third Support: 4172
First Resistance: 4260, Second Resistance: 4276, Third Resistance: 4298
XAUUSD Gold Analysis & Trading Strategy | December 1
