Gold(
XAUUSD) has successfully broken through the Resistance zone($4,205 – $4,133) at the start of this new week, and over the past ten trading days, it seems to have formed an ascending channel.
From an Elliott Wave perspective, it looks like gold has completed wave 3 and is currently in the process of completing wave 4.
I expect that after a pullback toward the Resistance zone($4,205 – $4,133)—aligning with the lower line of the ascending channel and the support lines—gold will resume its upward movement and once again target the Resistance zone($4,316 – $4,261).
First Target: $4,266
Second Target: $4,294
Stop Loss(SL): $4,151
Note: Geopolitical tensions—especially the possibility of a direct confrontation between Venezuela and the U.S.—tend to push investors toward safe-haven assets, and gold historically reacts with strong upward momentum during such uncertainty. If this conflict escalates, increased risk aversion and volatility across global markets could support a bullish continuation in gold as capital shifts away from risk assets
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 Gold Analyze (XAUUSD), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
XAUUSD) has successfully broken through the Resistance zone($4,205 – $4,133) at the start of this new week, and over the past ten trading days, it seems to have formed an ascending channel.From an Elliott Wave perspective, it looks like gold has completed wave 3 and is currently in the process of completing wave 4.
I expect that after a pullback toward the Resistance zone($4,205 – $4,133)—aligning with the lower line of the ascending channel and the support lines—gold will resume its upward movement and once again target the Resistance zone($4,316 – $4,261).
First Target: $4,266
Second Target: $4,294
Stop Loss(SL): $4,151
Note: Geopolitical tensions—especially the possibility of a direct confrontation between Venezuela and the U.S.—tend to push investors toward safe-haven assets, and gold historically reacts with strong upward momentum during such uncertainty. If this conflict escalates, increased risk aversion and volatility across global markets could support a bullish continuation in gold as capital shifts away from risk assets
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 Gold Analyze (XAUUSD), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Giao dịch đang hoạt động
Position activated.
Gold re-entered the ascending channel after a fake break.
Ghi chú
please Transfer Stop Loss(SL) to Entry Point(EP)=Risk FreeGiao dịch được đóng thủ công
Risk Free was touchedYesterday was a risk-free day for me, maybe because of the high excitement in the markets, especially during the US trading hours.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.