🔥 $XAU – GOLD IS GIVING A LONG SIGNAL NOW, ARE YOU SEEING IT?
Gold has just appeared with a rather notable setup. The 4H chart has triggered a LONG signal with an 86% confidence level, while the daily timeframe is still moving within a range. This phase mismatch could create a short-term upswings worth watching.
📌 My plan:
🟢 Entry: 4613.60 – 4613.98
🎯 TP1: 4620.04
🎯 TP2: 4624.21
🎯 TP3: 4630.46
🛑 SL: 4605.46
The key area I’m watching most closely is 4613.79 – the price zone acting as support for the buyers.
RSI 15M is currently at 72.32, quite hot, but if momentum continues to hold, the price can still keep running before any clear pullback appears.
⚠️ 4620 is the key level.
If $XAU decisively breaks above 4620 and holds the level from above, the Long side may continue to control the upward direction. But if price is repeatedly rejected here, don’t be surprised if gold returns to a choppy range state.
👉 For me, this is a trend-following setup—not a top-picking or bottom-catching move against the trend.
Will 4620 be the breakout point paving the way to 4630+, or will it become a trap that leaves the Longs stuck? 👀
Manage your capital tightly and always set your SL. Gold moves very fast when volatility increases. ⚠️
Gold has just appeared with a rather notable setup. The 4H chart has triggered a LONG signal with an 86% confidence level, while the daily timeframe is still moving within a range. This phase mismatch could create a short-term upswings worth watching.
📌 My plan:
🟢 Entry: 4613.60 – 4613.98
🎯 TP1: 4620.04
🎯 TP2: 4624.21
🎯 TP3: 4630.46
🛑 SL: 4605.46
The key area I’m watching most closely is 4613.79 – the price zone acting as support for the buyers.
RSI 15M is currently at 72.32, quite hot, but if momentum continues to hold, the price can still keep running before any clear pullback appears.
⚠️ 4620 is the key level.
If $XAU decisively breaks above 4620 and holds the level from above, the Long side may continue to control the upward direction. But if price is repeatedly rejected here, don’t be surprised if gold returns to a choppy range state.
👉 For me, this is a trend-following setup—not a top-picking or bottom-catching move against the trend.
Will 4620 be the breakout point paving the way to 4630+, or will it become a trap that leaves the Longs stuck? 👀
Manage your capital tightly and always set your SL. Gold moves very fast when volatility increases. ⚠️