🟢 XAU/USD Bullish Reversal Setup – Bounced from Key Demand Zone
Gold (XAU/USD) has shown a strong reaction from the $3,278–$3,285 support zone, coinciding with a visible high-volume node and prior demand area. Bullish divergence is building on the histogram, and short-term EMAs are starting to flatten, hinting at a possible intraday reversal.
📈 Entry: $3,312.10
🎯 Target: $3,400.11
🛑 Stop-Loss: $3,278.95
⚖️ Risk/Reward Ratio: 2.72
Key Bullish Confluences:
Price reacting from value area low
EMA compression + bullish histogram transition
High probability recovery toward $3,366 – $3,400 resistance zone
Volume gap above offering clean upside path
Gold (XAU/USD) has shown a strong reaction from the $3,278–$3,285 support zone, coinciding with a visible high-volume node and prior demand area. Bullish divergence is building on the histogram, and short-term EMAs are starting to flatten, hinting at a possible intraday reversal.
📈 Entry: $3,312.10
🎯 Target: $3,400.11
🛑 Stop-Loss: $3,278.95
⚖️ Risk/Reward Ratio: 2.72
Key Bullish Confluences:
Price reacting from value area low
EMA compression + bullish histogram transition
High probability recovery toward $3,366 – $3,400 resistance zone
Volume gap above offering clean upside path
GODO Capital Markets
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
GODO Capital Markets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.