Accumulation - recovery move above 4100

avatar
· Views 2,188

#XAU/USD# Accumulation - recovery move above 4100

1. Current Trend
Medium-term trend: Shifting from bearish to consolidation with a bullish bias.
Price is forming a Higher Low while holding above the ascending trendline.
It is currently testing the confluence of the ascending trendline and the H4 EMA89, a key area that will likely determine the next directional move.
2. Key Resistance

Resistance 1: 4,126–4,130

H4 EMA89.
Short-term dynamic resistance.
A close above this zone would confirm a bullish breakout.

Resistance 2: 4,210–4,215

Strong supply zone.
Recent swing high.
A breakout above this area would strengthen the bullish trend.

Major Resistance: 4,345–4,350

Next bullish target.
Major long-term resistance and key swing high.
3. Key Support

Near Support: 4,075–4,085

Ascending trendline.
Confluence with the recent Higher Low.
Holding above this zone keeps the bullish structure intact.

Major Support: 3,962–3,975

H4 demand zone.
Strong support for the current uptrend.
A break below this area would signal a bearish trend reversal.
4. EMA
EMA9 has crossed above and is trading around the EMA89.
EMA89 is still sloping downward but has started to flatten.
Price is testing the EMA89, and a close above it would provide a bullish confirmation.
5. RSI (14)
RSI is around 53.
Momentum is improving and remains above the 50 level.
RSI is not yet overbought, suggesting there is still room for further upside if price breaks above resistance.

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

  • tradingContest