QuinnReed_Charts

QuinnReed_Charts Updated 

Gold has formed a Head and Shoulders (H&S) pattern on the H4 timeframe. While the pattern is not perfectly symmetrical, it is still valid and clearly recognizable. The price has broken below the neckline, confirming a potential shift in market structure to the downside. Analysis Insight: The 3340–3350 area, previously a support zone, is now acting as resistance...

QuinnReed_Charts

Gold is currently respecting an ascending channel, showing consistent higher highs and higher lows. Price is now testing the upper boundary of this channel and approaching a key supply zone (3353–3357), which previously triggered a strong sell-off. Key Zones: 🔼 Sell Zone: 3353–3357 (confluence of supply + channel resistance) 🔽 Buy Zone: 3325–3329 (demand zone +...

QuinnReed_Charts Updated 

The Gold shows with a recent upward trend following a period of consolidation and a dip. Key observations: The price previously fluctuated between a support level around 3,310-3,319 and a resistance near 3,354. The current price is consolidating near the recent high, suggesting potential for further upward movement or a pullback. Signal: Buy signal is present...

QuinnReed_Charts

🚨 Trade Setup Alert 📍 H1 Orderblock Zone at 3330–3320 🔑 High-probability BUY setup after liquidity sweep 🟢 🎯 Target: 3362 and possibly 3396+ 🛑 SL below 3315 📍 Mitigated Supply Zone at 3396–3400 🔻 Possible SELL setup if price rejects that level 🔴 🎯 Target: 3365 / 3340 🛑 SL above 3412 ⚠️ Key Level: 3362–3365 must break to reach upper supply zone. ✅ A level viz....

QuinnReed_Charts Updated 

Don't buy/sell this messy gold setup unless there's a clear, confirmed, and clean break— either above 3395 or below 3375. Too many wicks = too much uncertainty and manipulation. Investors clearly have no conviction right now. 👉 Wait for a solid candle close above 3395 for longs, or below 3375 for shorts. Anything in between is just noise — stay out and stay safe.

QuinnReed_Charts Updated 

Market Structure: The market isin a clear uptrend, forming higher highs and higher lows until a recent break of the ascending trendline, signaling a short-term structural weakness. Current price is in a retracement phase, heading towards previous demand zones. 🔹 Zone 1 (3408–3414): Confluence of: Broken trendline retest (former support). Minor order block /...

QuinnReed_Charts Updated 

The market continues to exhibit strong bullish momentum within a well-respected ascending channel. After an impulsive breakout to the upside, price is now retracing in a healthy corrective move, offering high-probability buying opportunities at two well-defined demand zones. 🔍 Technical Structure: Price is trending inside an ascending parallel channel, with clear...

QuinnReed_Charts Updated 

Technical Analysis Key Confluences Supporting the Buy Setup: Trendline Support The gold shows a well-respected ascending trendline, which has been tested multiple times. This provides a dynamic level of support. Horizontal Support Zone (3323–3326) This area previously acted as resistance and has now flipped to support. The consolidation here suggests a demand...

QuinnReed_Charts Updated 

🔍 XAUUSD Analysis – June 10, 2025 Market Structure: Market remains in a bearish sequence, with lower highs and lower lows intact on the HTF. The current bullish leg is corrective, retracing into a well-defined supply zone at 3333–3338. This zone previously triggered strong selling pressure, marking institutional activity. Key Supply Zone: 3333–3338: Strong supply...

QuinnReed_Charts Updated 

Technical Confluences: Bearish FVG: Fresh Fair Value Gap formed due to aggressive sell-off. FVG = supply zone, acting as magnet for liquidity + rejection Broken Channel Retest: Price fell below the ascending channel Now retesting the channel, a classic structure behavior before continuation. Liquidity Below: Clear clean lows visible around $3,290 → $3,250 →...

QuinnReed_Charts Updated 

Market Structure: The overall trend remains bearish, with a series of lower highs and lower lows. Recent bullish retracement is corrective and approaching a key supply zone (3340 region). Zones of Interest: Supply Zone (Sell Area): 3335–3340 This area acted as a previous area of institutional selling. Price is expected to tap into this zone before resuming the...

QuinnReed_Charts Updated 

Price is approaching a strong supply zone at 3384–3386, where we’ve previously seen aggressive selling. If we get clear signs of rejection from this level (e.g., wicks, bearish engulfing, or failure to break above), I’ll be looking to enter short positions. The structure shows a potential lower high forming, and if confirmed, we could see continuation to the...

QuinnReed_Charts Updated 

Gold is currently retracing into a key demand zone between 3323–3326, aligning with two strong technical confirmations: Horizontal Support Zone: Price previously reacted strongly from this area, establishing a visible support level now being retested. Ascending Trendline Support: A well-respected trendline, connecting multiple higher lows, coincides perfectly...

QuinnReed_Charts Updated 

I'm watching two key demand zones today for potential buy opportunities: 📍 Zone 1: 3348–3352 (Blue Zone) Reasoning: This area aligns with a previous demand zone that has already shown strong bullish reaction. Price is currently retracing into this area. Signal to Enter: Look for: A liquidity sweep below the zone (e.g., a quick wick down grabbing...

QuinnReed_Charts Updated 

📝 Market Outlook – June 4, 2025 3344–3348 support has held well recently, showing consistent demand. As long as price stays above this zone, I’ll maintain a bullish bias. 📈 Trade Signal Bias: Buy Entry: 3344–3348 SL: Below 3335 TP1: 3360 TP2: 3375 TP3: 3385 Note: Setup invalid if price closes below 3340 on 15m or higher.

QuinnReed_Charts

Observations: Price has been respecting a clear descending trendline since late April, with multiple touches and rejections. A significant supply zone around the 3,330 level aligns with the trendline resistance, increasing confluence for a potential reversal. The market has formed lower highs consistently, suggesting bearish pressure is building up. A horizontal...

QuinnReed_Charts Updated 

Price Action: The price recently approached the 3,320-3,325 resistance zone (highlighted by horizontal lines) and rejected it, forming a bearish candlestick pattern (e.g., shooting star / doji). This suggests strong selling pressure at this level. Trendline: The trendline from the recent high shows a potential double top or head-and-shoulders pattern, reinforcing...

QuinnReed_Charts Updated 

Price is currently hovering around the 3300 level after a sharp decline from the recent highs near 3360. The market has now entered a crucial support zone at 3280–3290, which previously acted as a strong demand area. This zone is expected to act as initial support. However, if this area fails to hold, the next major support lies in the 3240–3250 region, which...