Welcome back, guys! 👋 I'm Skeptic.
Today, we're diving deep into XAU/USD (Gold), breaking down the current structure and upcoming trade opportunities. 🔍
📊 Daily Structure:
The major trend remains bullish, with Gold showing strong upward momentum. If you've been following my previous breakdowns, you’ll remember I gave long triggers at 2955.31, 3004.48, and recently 3057.26—all of which have played out well. Even if you entered based on your own signals in line with the trend, you should be sitting comfortably in profit.
🕒 1H Structure – What’s Next?
After that strong uptrend, Gold has entered a correction phase on the 1H chart.
📰 News Impact:
The recent announcement from President Trump imposing sweeping tariffs (10% baseline and up to 54% on China) has created major volatility across markets, including Gold. This geopolitical tension has added momentum to the asset, and we’re seeing it clearly on the chart.
📈 Bullish Scenario (Long Setup):
• Trigger: Break & close above 3128
• Since this aligns with the trend, larger targets and longer hold times are justified.
📉 Bearish Scenario (Short Setup):
• Trigger: Break & hold below 3075.66
• Manage risk carefully here—use tighter stop-losses and secure profits quickly since this is counter-trend.
⚠️ Key Notes:
🔹 Fundamentals: Heavy economic news flow today = High volatility expected.
🔹 Risk Management: Don’t overleverage. Only enter on confirmed breaks.
Stay skeptical, trade smart, and I’ll catch you in the next analysis! 👽📈
Today, we're diving deep into XAU/USD (Gold), breaking down the current structure and upcoming trade opportunities. 🔍
📊 Daily Structure:
The major trend remains bullish, with Gold showing strong upward momentum. If you've been following my previous breakdowns, you’ll remember I gave long triggers at 2955.31, 3004.48, and recently 3057.26—all of which have played out well. Even if you entered based on your own signals in line with the trend, you should be sitting comfortably in profit.
🕒 1H Structure – What’s Next?
After that strong uptrend, Gold has entered a correction phase on the 1H chart.
📰 News Impact:
The recent announcement from President Trump imposing sweeping tariffs (10% baseline and up to 54% on China) has created major volatility across markets, including Gold. This geopolitical tension has added momentum to the asset, and we’re seeing it clearly on the chart.
📈 Bullish Scenario (Long Setup):
• Trigger: Break & close above 3128
• Since this aligns with the trend, larger targets and longer hold times are justified.
📉 Bearish Scenario (Short Setup):
• Trigger: Break & hold below 3075.66
• Manage risk carefully here—use tighter stop-losses and secure profits quickly since this is counter-trend.
⚠️ Key Notes:
🔹 Fundamentals: Heavy economic news flow today = High volatility expected.
🔹 Risk Management: Don’t overleverage. Only enter on confirmed breaks.
Stay skeptical, trade smart, and I’ll catch you in the next analysis! 👽📈
Related publications
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.
Related publications
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.