Long
Short
XAUUSD – Bullish Breakout & Upside Expansion Setup📊 XAUUSD – Bullish Breakout & Upside Expansion Setup
🔍 Market Overview
Gold is showing a strong bullish recovery on the 1D timeframe, following an extended consolidation phase above the 4,070–4,125 support zone. Price has recently accelerated higher from the rising trendline and is now testing the upper structure around 4,340–4,400.
The latest bullish expansion indicates that buyers are gaining control. A sustained hold above the breakout structure could open the way toward the next resistance levels.
📈 Market Structure Insight
* Market Bias: Bullish
* Momentum: Strong & Improving
* Current Phase: Bullish Breakout / Continuation
The formation of higher lows along the ascending trendline, followed by the recent impulsive move, suggests a transition from accumulation into a potential upside continuation phase.
🚀 Trading Scenarios
✅ Bullish Scenario — Primary Bias
Conditions:
* Price holds above the recent breakout structure.
* Buyers maintain higher lows.
* Price sustains above the ascending trendline.
* Bullish momentum continues through the 4,400 area.
Trade Plan:
Look for buying opportunities on controlled pullbacks toward the breakout area or after a confirmed bullish continuation above resistance.
🎯 Target 1: 4,540
🎯 Target 2: 4,705
❌ Bearish Invalidation Scenario
Conditions:
* Price fails to sustain the breakout.
* Strong rejection develops around the 4,400 resistance area.
* Price breaks below the ascending trendline.
* The key demand zone is lost with strong bearish candles.
A confirmed breakdown below the major support structure would weaken the bullish setup and could trigger a deeper corrective move.
🎯 Key Support Zone: 4,070 – 4,125
📍 Key Levels to Monitor
🟢 Immediate Resistance: 4,400
🟢 Target 1: 4,540
🟢 Major Target: 4,705
🔴 Immediate Support: 4,125
🔴 Major Support: 4,070
⚠️ Trading Perspective
The daily structure currently favors the bullish side. Price has respected the rising trendline and produced a strong upside expansion from the consolidation base.
A decisive break and daily close above the 4,400 area would provide additional confirmation for continuation toward 4,540, followed by 4,705.
However, if price loses the 4,070–4,125 demand zone, the bullish structure would require reassessment.
🧠 Professional Insight
This setup is supported by:
* Strong reaction from the demand zone.
* Ascending trendline support.
* Breakout from the recent consolidation range.
* Improving bullish momentum.
* Higher-low structure.
* Potential continuation toward higher resistance levels.
Best approach: Avoid chasing an extended candle. Prefer a controlled pullback/retest or confirmed breakout before considering a continuation entry.
🛡️ Risk Management
* Risk only 1–2% per trade.
* Define invalidation before entering.
* Keep stops below the relevant support structure.
* Avoid excessive leverage during high-volatility sessions.
* Wait for confirmation rather than entering solely on anticipation.
This analysis is for educational purposes only and should not be considered financial advice. Long 
Bitcoin Price Update – Clean & Clear ExplanationBitcoin is currently trading around $65,240 and remains in a short-term bullish structure, but price is approaching a major resistance and liquidity zone around $65,600–$65,800.
The recent Break of Structure (BOS) shows that buyers have maintained control, while the rising trendline and higher-low formation continue to support the bullish momentum. However, after the recent upward move, BTC may first push toward $65,600–$65,800 to collect liquidity above the recent highs before facing strong selling pressure.
If price reaches this area and fails to break and hold above 65,800, we could see a sharp rejection as sellers enter from the supply zone. In that case, BTC may move back toward 65,400 65,000 / 64,900, followed by the important support around 64,632. If 64,632 breaks with a strong 1H candle close, the bearish pressure could increase and price may extend toward the 64,000 / 64,014 support zone.
On the other hand, if buyers manage to break 65,800 with strong volume and successfully hold above it, the bearish rejection setup would become weaker and BTC could continue toward higher levels. Therefore, 65,600 / 65,800 is the key decision zone. The reaction from this area will determine whether Bitcoin continues its bullish move or starts a deeper correction.
Overall bias: Bullish structure, but a possible liquidity sweep/rejection near 65,700 / 65,800 could trigger downside toward 64,632 / 64,014. Always wait for candle confirmation around these key levels rather than entering purely on the projected path.
our support means a lot! If you found this analysis useful, leave a Like and tell me your thoughts in the comments. Best of luck with your trading journey! 🚀 
Short
Gold Week 33/2026: A $330 Rally and the Trap AboveMy short from last week survived exactly two sessions.
On Monday, price tagged the 4,070-4,083 zone I had marked in the week 32 article. The order filled, price slipped toward 4,042, and I closed part of it, pocketing exactly $23.
On Tuesday, gold turned around and ripped straight up to 4,267. The rest of the position was stopped out. Netting it out, I was down $40.
Losing $40 doesn't bother me. What matters more is what I did afterwards: nothing at all.
✅ THE MINDLESS RULE SAVES ME AGAIN
The week 32 article had one line I wrote for myself: a daily close above 4,120 meant the triangle had broken upward and the Short scenario was invalidated.
On Tuesday, 4 August, the daily candle closed at 4,247. The invalidation triggered, and I stood aside watching gold run on to Friday's high of 4,372.
From Monday's low of 4,042 to that high, gold traveled nearly $330 in one week. For the second straight week, the invalidation rule kept my money safe.
Getting a forecast wrong is a normal part of this job. Staying out after being wrong is the part that takes practice.
🔍 WHO'S BUYING, AND WHY I DON'T TRUST IT YET
This rally has reasons behind it, and they aren't weak.
A soft NFP jobs report dragged down expectations for a Fed rate hike. Pressure on the BOJ to raise rates in September adds weight on the dollar. In the Middle East, the bombs have stopped, but nobody has seen any deal signed.
A weak dollar and quiet guns give gold a reason to run. But another stream of money is telling the opposite story.
In the second quarter, Berkshire Hathaway spent about $4.5 billion on buybacks and nearly $20 billion buying stocks. Greg Abel is putting the company's mountain of cash to work far more aggressively.
People only do that when they believe no recession is coming and inflation is no longer a problem. And those happen to be the two most classic reasons to hold gold.
If Berkshire is right, this $330 surge looks more like FOMO than a new trend. And FOMO near the highs tends to leave traps behind.
The daily RSI sits at 68.3, touching overbought territory for the second time since the all-time high of 5,598 in February. The first time was at that very peak.
🥇 GOLD ETFS ARE SAYING THE OPPOSITE
Let me be blunt: last week's Gold ETF flows were not on my side.
The SPDR fund was a net buyer for four straight sessions. On 4 August it added $449 million, on the 5th another $656 million, on the 6th it slowed to $78 million, then on the 7th another $393 million.
The whole run adds up to nearly $1.58 billion, equivalent to 11.67 tonnes of gold. Holdings jumped from 1,005.9 tonnes to 1,017.5 tonnes. Just one week earlier, the same fund had recorded net outflows of nearly $300 million.
I won't spin this number to flatter my view. Money arriving after the price has already run can be FOMO chasing the move, or institutions genuinely changing their appetite.
The only conclusion I draw: my confidence in this week's Short is lower than usual. So I absolutely will not chase the Sell. If a signal appears at my pre-set zone, I'm in; if not, I pass.
📊 EVERY EMA RECLAIMED, BUT A SUPPLY ZONE SITS ABOVE
On the technical side, credit where it's due: the bulls just did something big.
Last week price was still below all five daily EMAs. Now price at 4,357 stands above every one of them: EMA10 4,249, EMA20 4,187, EMA50 4,190, EMA100 4,287, EMA200 4,266.
But overhead, the obstacles are lining up too.
Plotting a Fibonacci retracement over the 4,891-to-3,942 decline, price has just cleared the 0.382 level at 4,305. The 0.5 sits at 4,417, the 0.618 at 4,529. The 4,417-4,529 area is exactly where price reacted over and over from February through June.
The upper daily Bollinger Band sits at 4,374, right against price. Stochastic has reached 93, and daily ATR is around $98.
No indicator forces this market to reverse. But if the sellers are still there, 4,417 to 4,529 is the most logical place for them to act.
⚠️ HORMUZ, THE VARIABLE THAT DECIDES THE WHOLE BOARD
One more variable lives outside every chart: the negotiating table around the Strait of Hormuz.
There's no clear Oman-Iran agreement yet, and no sign of the US and Iran sitting down. The only fact on the table is that the bombing has stopped.
If a deal takes shape, the likely script is stocks and Bitcoin keep booming while gold and the US dollar get sold at the same time. That scenario works in favor of my Short.
If the talks collapse instead, the way they did in June, the war premium returns instantly and the Short dies on the spot.
🎯 MY PLAN FOR THIS WEEK
I'm waiting for gold to finish its climb into the 4,416 area, the lower edge of the supply zone, right at the 0.5 Fibonacci level.
The script I've drawn: price tags that zone, leaves a Sell signal, then turns down to 4,300, on to 4,200, and at the far end the old bottom at 3,996.
Entry zone (Sell) — Price: 4,416
TP1 — Price: 4,300
TP2 — Price: 4,200
TP3 — Price: 3,996
Invalidation — Price: No Sell signal at 4,416
Stop loss is 200 pips, risking $240. Volume is 0.12 lot split into 0.02, 0.04 and 0.06, taking profit in stages at each target.
This week's invalidation lives in the candles, not in a price level. If price touches 4,416 without leaving any Sell signal candle, I don't enter. A trade cancelled before it opens is still better than a trade opened in the wrong place.
Last week the market collected $40 in tuition from me. This week I'm putting that exact lesson to work: no chasing, no guessing, just waiting at the agreed spot.
And you, do you think this $330 surge is the real trend, or the bulls' final sprint before the trap?
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P/S: Don't forget to leave a Like and ask anything you'd like to discuss to trade better every day!
Follow Tô Triều on PulseWire to stay connected for the long haul, and talk through each trade together. I believe sharing and discussion help us learn more, and make every analysis and every comment on PulseWire more useful for everyone ⚡️ XAU/USD: THE 4,460 MACRO TARGET EXPANSION! 🪙🚀
Pulling back toward ascending support at 4,344.255! Are you panic-selling this healthy higher-low retest, or locked in for the multi-wave rally to the 4,460 target ceiling? 🤔
Gold is maintaining a strong bullish trend on this 1-hour OANDA chart. Spot gold is trading around 4,344.255, pulling back gently toward its primary Support line to sweep local sell-stops and absorb liquidity before launching its next macro expansion. 📈💥
Look closely at the black blueprint trajectory mapping out the upcoming sessions. The algorithm projects a textbook multi-wave retest and expansion sequence:
• A localized pullback dipping down toward the primary Support line near $4,290 - $4,300 to clear weak hands and trigger institutional buy orders. 🧹
• A high-velocity impulse rebound surging straight up toward the $4,410 region. ⚡
• A healthy higher-low retest pulling back to $4,365 to lock in structural support. 🌊
• Final powerful expansion rally accelerating straight up to hit the macro Target ceiling near $4,455 - $4,460. 🎯🏹
Maintaining technical patience and trendline alignment is your ultimate superpower in this setup. Trying to short directly into a confirmed ascending support floor is a fast track to getting caught in an aggressive expansion squeeze. Smart money is waiting for the retest into support to accumulate long position blocks. 🧘♂️⚡
🛠 Trade Parameters:
🛒 Long Zone: 4,285 - 4,305 🛍️
🛑 Stop-Loss: 1h close below 4,260 ❌
💰 Take-Profit: 4,460 🎯
The retail bears attempting to short into ascending support are about to get caught offside as institutional buy volume takes total control. Stay focused, strictly manage your risk, and let the algorithm carry the trade up to our target.
Maintain your composure through the waves, and we will see you up at the 4,460 target ceiling Long 
XAUUSD: Bullish Structure Favors a Move Toward $4,430Hello everyone, here is my breakdown of the current XAUUSD setup.
Market Analysis
XAUUSD previously traded inside a broad descending channel before forming a strong base near the lower boundary. After several breakout attempts, price successfully broke above the channel resistance and reclaimed the 4,290 Support Zone, confirming a bullish shift in market structure.
Currently, XAUUSD is trading above the 4,290 Support Zone while remaining below the 4,430 Resistance Zone. The recent breakout from the consolidation range and the ascending trendline suggests that buyers remain in control despite the short-term pullback.
My Scenario & Strategy
As long as XAUUSD holds above the 4,290 Support Zone and respects the rising trendline, the bullish scenario remains valid. A successful retest of support could trigger another upward move toward the 4,430 Resistance Zone (TP1).
However, a breakdown below the 4,290 Support Zone would weaken the bullish outlook and increase the risk of a deeper correction.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk. Long 
BTCUSDT: Sellers Step In — 63,800 Support Zone Becomes TP1Hello everyone, here is my breakdown of the current BTCUSDT setup.
Market Analysis
BTCUSDT previously traded inside a broad range before breaking higher and entering a descending channel. Price has repeatedly faced rejection near the 65,400 Resistance Zone, while the 63,800 Support Zone continues to act as a key downside level.
Currently, BTCUSDT is trading below the 65,400 Resistance Zone while holding above the 63,800 Support Zone. The latest rejection near resistance suggests that sellers are attempting to regain control.
My Scenario & Strategy
As long as BTCUSDT remains below the 65,400 Resistance Zone and respects the descending channel, the bearish scenario remains valid. A rejection from current levels could push price toward the 63,800 Support Zone (TP1).
However, a breakout above the 65,400 Resistance Zone would weaken the bearish outlook and increase the risk of a move toward higher levels.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk. Short 
BTCUSDTHello Traders! 👋
What are your thoughts on Bitcoin ?
Bitcoin continues to trade within a broader bearish structure, with price still below the well-defined descending trendline.
However, over the past two months, price has mainly been moving within a trading range, experiencing several back-and-forth swings. After reaching the $58,000 area, Bitcoin found support and rebounded from this zone.
At the moment, this corrective move is expected to continue toward the key resistance zone highlighted on the chart. This area contains several important technical resistance factors, with the 0.5 and 0.618 Fibonacci retracement levels located within the zone and the descending trendline also converging around the same area.
This technical confluence could turn the zone into a strong supply and resistance zone. As Bitcoin reaches this zone, we expect a rejection and the development of the next bearish leg, potentially pushing price toward the $48,000 target area.
As long as price fails to break and hold above the descending trendline and the key resistance zone, the bearish scenario remains the dominant outlook.
If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️ Short 
Berkshire Turns Buyer: What’s Buffett’s Successor Shopping For?So... bottom’s in?
Berkshire Hathaway NYSE:BRK.A is probably about as far from the average retail trade as you can get.
Warren Buffett resisted splitting its Class A shares largely because he wanted long-term owners rather than day traders like you jumping in and out. The result is the world's most expensive publicly traded stock on a per-share basis, a badge Berkshire wears comfortably.
Still, retail traders can learn plenty from the conglomerate's latest quarter (ref: Earnings Calendar ). After years of trimming stocks and parking cash into short-term Treasuries, Berkshire has finally become a net buyer of equities for the first time since 2022.
And the change arrives under new CEO Greg Abel , who inherited one of the largest war chests in corporate history.
💰 A $397 Billion Fortress
Buffett spent his final years as CEO doing something that requires considerably more patience than chasing the latest market darling: waiting.
Berkshire sold more stocks than it bought for 14 consecutive quarters, steadily building its cash and Treasury holdings as the Oracle of Omaha repeatedly struggled to find attractive valuations. By the end of March, that pile had reached a record $397.4 billion.
That fueled speculation that Buffett was preparing for some gigantic market crash where Berkshire would stroll into Wall Street with a shopping cart while everyone else searched for the exit.
The crash never arrived. The S&P 500 SPCFD:SPX is sitting around record territory instead.
🐘 Abel Opens the Wallet
Under Abel, 64, Berkshire purchased nearly $20 billion more equities than it sold in the second quarter. The company sold only $3.7 billion worth of equities, its smallest quarterly dump since 2022.
Berkshire also spent approximately $4.5 billion buying back its own shares. A buyback reduces the number of shares outstanding, effectively increasing each remaining shareholder's ownership percentage.
Companies generally do this when management believes repurchasing the stock will trigger a broader run to it.
Throw in other investments and the completed acquisition of homebuilder Taylor Morrison, and Berkshire's cash pile dropped to $365.5 billion by the end of June.
🔎 So What's on the Shopping List?
While we do know some stuff now, the full answer is coming later this month when Berkshire reports its detailed quarterly equity holdings to US regulators.
Still, Saturday's disclosures already provided a substantial clue. Berkshire invested roughly $21 billion in "commercial, industrial and other" stocks during the quarter, a category that includes Alphabet NASDAQ:GOOGL .
The Google parent has now become one of Berkshire's five largest listed equity positions by market value, joining American Express NYSE:AXP , Apple NASDAQ:AAPL , Bank of America NYSE:BAC and Coca-Cola NYSE:KO .
Berkshire disclosed a $10 billion investment in Alphabet earlier this year, with Buffett saying he initiated the position after consulting Abel.
For a company synonymous with railroads, insurance, utilities and Coca-Cola, having one of the world's biggest AI players sitting among its crown-jewel investments is quite the plot development.
📈 Buying While Everyone Else Is… Buying?
The timing makes Abel's moves particularly interesting. Berkshire shares have gained just 3% this year, trailing the S&P 500's roughly 13% advance, although the pricey shares have added about 9% over the past three months.
More importantly, Buffett's long period of selling had been interpreted by some investors as a warning about expensive US equities. Abel is now deploying billions while those same equities trade around record highs.
That hardly means Berkshire suddenly thinks deals are out there waiting to be had. A $365 billion cash balance still shows selectivity. But the company appears increasingly willing to distinguish between an expensive market and individual businesses that offer attractive long-term economics.
🏭 The Old Berkshire Keeps Printing Money
Abel also has the luxury of shopping from a position of strength. Berkshire's operating earnings climbed 16% to $12.98 billion in the second quarter, up from $11.16 billion a year earlier.
Strength across energy, railroads and manufacturing outweighed weaker insurance performance.
Operating earnings carry a lot of weight because they measure profits generated by Berkshire's actual businesses rather than quarterly swings in its enormous stock portfolio.
Those businesses keep throwing off cash, which gives Abel fresh capital to deploy even after Berkshire starts spending its existing cash pile.
🎓 The Buffett Lesson Still Works
There's a useful lesson here for individual investors, and it has little to do with copying Berkshire's next regulatory filing.
Buffett spent years waiting because prices rarely matched what he considered fair value. Berkshire now sees opportunities and is deploying capital while keeping hundreds of billions in reserve.
The strategy revolves around price, quality and patience, rather than whether the S&P 500 happens to be sitting at a record."It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Retail traders obviously don't have $365 billion parked in Treasury bills. The principle scales down nicely, though.
Cash gives you optionality. Patience gives you time. And when something you genuinely want finally appears at a price you can live with, having some buying power left feels considerably better than discovering you spent everything chasing yesterday's rally.
Off to you : What’s something you’re looking to snap up right now? Share your top picks in the comments!
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
Over the past several weeks, EUR/USD has been consolidating within a key support area following a prolonged corrective decline. The pair has now broken above the medium-term descending trendline, signaling a potential shift in the technical structure in favor of the bulls.
The breakout was followed by a strong recovery from the 1.1350–1.1430 demand zone, further supporting the bullish scenario.
EUR/USD is currently trading around 1.1550, approaching an important resistance area. The 50% Fibonacci retracement at 1.1562 represents the first key resistance, while the 61.8% Fibonacci level at 1.1618 is the next major barrier.
Given the recent strong advance, a short-term correction toward the 1.1400–1.1465 support area could develop. This zone is technically significant as it combines previous price structure, the 78.6% Fibonacci level around 1.1402, and the newly established ascending trendline.
If price finds support in this area and buyers step back into the market, we expect the next bullish leg to develop. A sustained break above 1.1618 would further confirm the bullish structure and could open the way toward 1.1750, followed by the 1.1800 area.
Overall, the medium-term outlook remains bullish as long as EUR/USD holds above the 1.1400–1.1350 support zone. A corrective move into this area could provide the foundation for the next bullish leg, while a decisive break above 1.1618 would provide additional confirmation of the upside scenario.
If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️ Gold Rounding Bottom Breakout Signals Further Upside To 4,450$Hello traders! Here’s my technical outlook based on the current XAUUSD (4H) chart structure. XAUUSD previously traded inside a broad range before breaking below the 4,450 Support Level and moving lower. After forming a rounding bottom, price broke above the descending trendline, signaling a bullish shift. Currently, XAUUSD is trading above the 4,300 Buyer Zone while approaching the 4,450 Seller Zone. The recent breakout and strong upward move suggest that buyers remain in control. As long as XAUUSD holds above the 4,300 Buyer Zone, the bullish scenario remains valid. A successful retest of support could push price toward the 4,450 Seller Zone (TP1). However, a breakdown below 4,300 would weaken the bullish outlook. Please share this idea with your friends and click "Boost" 🚀 Long 
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Short 
GBPUSD Upside ContinuationFirst, after the recent swings, GBPUSD started to settle into a tighter range. Price was moving back and forth around the same area, with no clean continuation in either direction.
Now look at the zone marked on the chart. It had acted as resistance several times before, repeatedly stopping buyers from pushing higher. That history makes the latest reaction much more important.
This time, however, price approached the level with stronger bullish pressure. Buyers kept pressing into resistance until the market finally broke through. More importantly, price has now come back to test the same area and is still holding above it.
That changes the picture. Former resistance is beginning to behave like new support, and as long as buyers continue to defend this zone, I would favor another move higher toward 1.35580.
The key now is simple: the breakout has happened, the retest is holding, and buyers still have the stronger hand. Decentraland Tests Support, Lower Next ?Decentraland (MANA) remains under significant bearish pressure as price continues to trade within a well-defined descending channel.
The broader market structure remains negative, with sellers maintaining control through a series of lower highs and lower lows. While the current daily support is still holding, it is beginning to show signs of weakness, making this a critical area to monitor in the coming sessions.
The immediate focus is on the current weak low. If price sweeps this level and reaches the lower boundary of the descending channel, it could provide the conditions for a technical rebound. Channel support often acts as a reaction zone where buyers step in, increasing the probability of a rotational move back toward the upper boundary of the channel.
However, it is important to distinguish this potential rally from a trend reversal. Any bounce from channel support would still be considered a corrective move within the broader bearish trend unless price can break above the channel and reclaim key resistance levels.
For now, the technical outlook remains cautious. The descending channel continues to define market structure, and sellers retain the advantage while price remains trapped within it. A rotation from the lower channel support toward the highs is a realistic short-term scenario, but until the bearish structure is broken, rallies are likely to be viewed as temporary recoveries rather than the beginning of a sustained bullish trend. 
Short
Education 
XAU/USD – Bullish Recovery Breakout SetupXAU/USD – Bullish Recovery Breakout Setup
Gold is showing a strong recovery from the 4,076 support zone after forming a higher-low structure and holding above the rising trendline. The latest bullish impulse has pushed price into the cloud, indicating that buyers are attempting to regain control after the previous corrective phase.
Price is now approaching a key resistance area. A confirmed breakout and sustained close above the cloud would strengthen the bullish structure and could open the path toward 4,546 as the first major resistance, followed by 4,702. As long as price continues to respect the rising trendline and the 4,076 support zone, the recovery structure remains favorable.
If the Bullish Structure Holds
🟢 1st Resistance: 4,546.00
🟢 2nd Resistance: 4,702.00
🔴 Primary Support: 4,076.00
Market Structure Insight: The transition from a prolonged corrective phase into a higher-low recovery structure suggests improving bullish momentum. A confirmed move above the would provide additional confirmation for continuation toward the higher resistance levels.
⚠️ Disclaimer: This analysis is for educational purposes only. Always wait for confirmation before entering a trade and apply proper risk management in all market conditions. Long 
EURUSD Bullish outlook upside targets aheadEUR/USD has entered a consolidation phase around 1.1520–1.1580, with buyers still maintaining control after the previous upside move.
The broader outlook is also being influenced by U.S. dollar weakness and changing Federal Reserve expectations. Traders are closely watching upcoming U.S. inflation data, as stronger-than-expected data could support the dollar and pressure EUR/USD, while softer inflation could increase expectations for Fed easing and provide additional upside momentum for the pair.
Resistance: 1.1580, 1.1600, 1.1640
Support: 1.1540, 1.1520, 1.1500
From a technical perspective, the key upside area is 1.1580–1.1600. A clean breakout and sustained 2H close above 1.1600 could confirm another bullish leg toward 1.1640. However, if price fails to break resistance and falls below 1.1540, the pair could retest 1.1520 and 1.1500. Therefore, the current trading range is important because the next confirmed breakout could determine the short-term direction.
Hope you found this analysis helpful. 👍
Like, Comment & Follow for more updates. Trade safe. GOLD: Short-Term Bearish Setup – 4,300 & 4,250 in FocusGOLD: Short-Term Bearish Setup – 4,300 & 4,250 in Focus
Gold is showing signs of a possible short-term bearish move after failing to maintain the recent bullish momentum due to the news related to the war.
Price is currently trading below the recent highs, and the setup suggests a potential pullback toward the previous breakout area.
The fundamental backdrop could also support this short-term bearish scenario. With the U.S. and Iran failing to reach a deal over the weekend, uncertainty remains elevated, which could increase volatility and potentially put additional pressure on Gold in the near term.
Technically, the first key level to watch is around 4300. A break below this area could open the way toward the next support zone around 4,250.
Bearish Targets:
🎯 Target 1: 4,300
🎯 Target 2: 4,250
You can find more details on the chart.
Thank you ! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️ Short 
Long 
