🟡 XAUUSD (Gold) – H4 Analysis
Date: June 13
Price: 3446.64
Timeframe: H4 (4H)
Indicators Used: RSI, 3 EMAs (likely 20, 50, 200)
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🔍 Market Conditions:
✅ Strong Uptrend: Price is consistently above the 20 EMA (green), 50 EMA (red), and 200 EMA (white).
📈 Bullish Momentum: Candles are forming higher highs and higher lows.
💡 RSI = 73.12: Overbought zone, but still bullish – showing strength in buyers.
🚀 Breakout Structure: The price has broken previous resistance levels with strong bullish candles.
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🔥 Smart Money Insights:
Price is in Premium Zone = Institutions may soon start profit-taking.
No liquidity grab yet = Be cautious. If there's a sharp dip, it could be Smart Money hunting stops before another move up.
No reversal signs yet = Trend remains valid until a strong bearish engulfing or liquidity sweep happens.
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📌 Possible Scenarios:
📈 Bullish Continuation:
Buy if price retraces to:
🔸 3435–3440 zone (possible demand zone near 20 EMA)
Target:
🔹 TP1 = 3465
🔹 TP2 = 3485
🔻 Short-Term Pullback:
RSI is overbought, suggesting a potential short-term pullback before continuation.
Watch for bearish candle formations (engulfing, pin bar) around current levels.
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📥 Trade Idea (Buy the Dip Style):
Entry: Wait for price to touch the green EMA (~3435–3440)
SL: Below red EMA (~3420)
TP: 3465 / 3485
RR: 1:2 minimum
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🧠 Smart Money Tip:
> “Let price come to you. If it doesn’t pull back to a fair value zone, it’s not a Smart Money .... Talion-promosale
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.
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.