XAU/USD Multi-Timeframe Comprehensive Analysis (Signature Precis
XAU/USD Multi-Timeframe Comprehensive Analysis (Signature Precision)
Current Price: $2,650.06
EMA-21: $2,656.35 (Detached by ~$6.3)
SMA-50: $2,653.50 (Detached by ~$3.4)
This comprehensive breakdown integrates calibrated trade setups, multi-timeframe confluence, and breakout/breakdown scenarios above $2,662 and below $2,635.
Step 1:
30-Minute Chart Analysis
Trend Assessment:
EMA-21 & SMA-50:
Price is ~$6.3 below EMA-21 and ~$3.4 below SMA-50, reflecting a short-term bearish pullback and potential overextension.
Ichimoku Cloud:
Price is below the cloud baseline (~$2,654), reinforcing bearish control while approaching critical support zones.
Detachment:
Significant EMA-21 detachment (~$6.3) signals oversold conditions, increasing potential for a reversion toward mean levels if bearish momentum weakens.
Fair Value Gaps (FVG):
Bullish FVG Zones (Support):
$2,648–$2,650 (current test zone).
$2,645–$2,646 (untested secondary support).
Bearish FVG Zones (Resistance):
$2,653–$2,656 (EMA-21 alignment).
$2,659–$2,662 (major resistance zone).
Key Levels:
Support Levels:
$2,648 (Bullish FVG midpoint).
$2,645 (Fibonacci 61.8% retracement).
Resistance Levels:
$2,653 (SMA-50 + FVG midpoint).
$2,656–$2,659 (EMA-21 + FVG alignment).
Momentum Indicators:
RSI: Stabilizing around 39–41, confirming bearish momentum near oversold conditions.
Stochastic RSI: Bullish crossover (~15), signaling upward momentum potential near support zones.
ADX: At 21, confirming consolidation with bearish bias.
Step 2:
Higher Timeframe Confluence
1H Chart:
EMA-21 ($2,654): Price detached by ~$4, highlighting a mean reversion possibility.
Bearish FVG Resistance: $2,656–$2,659, aligning with key breakout levels.
4H Chart:
Lower Bollinger Band ($2,648): Price hovering near oversold territory.
Fibonacci retracement ($2,645–$2,650) aligns with short-term support zones.
Daily Chart:
Long-Term Trend: Remains bullish, but consolidation near $2,650 signals exhaustion.
Resistance remains at $2,656–$2,660.
Step 3:
Multi-Timeframe Entry Plans
Bullish Scenarios
1- Pullback Long:
Trigger: Price holds above $2,648 and forms bullish reversal candles.
Entry: $2,649 (Bullish FVG boundary).
Stop Loss: $2,645 (below support).
Targets:
TP1: $2,653 (SMA-50 resistance).
TP2: $2,656 (EMA-21 resistance).
Risk-Reward Ratio: 1:3.
2- Breakout Long:
Trigger: Price closes above $2,656 with strong volume.
Entry: $2,657 (EMA breakout).
Stop Loss: $2,653.
Targets:
TP1: $2,660 (Bearish FVG resistance).
TP2: $2,662 (VWAP resistance).
Risk-Reward Ratio: 1:4.
Bearish Scenarios
3- Rejection Short:
Trigger: Price fails to reclaim $2,653–$2,656 resistance zone.
Entry: $2,654 (Bearish FVG rejection).
Stop Loss: $2,657.
Targets:
TP1: $2,648 (Bullish FVG support).
TP2: $2,645 (Fibonacci retracement).
Risk-Reward Ratio: 1:3.
4- Breakout Short:
Trigger: Price closes below $2,645 with strong bearish volume.
Entry: $2,644.
Stop Loss: $2,648.
Targets:
TP1: $2,640 (previous swing low).
TP2: $2,635 (long-term Fibonacci support).
Risk-Reward Ratio: 1:4.
Step 4: Breakout/Breakdown Scenarios
1- Breakout Above $2,662
Confirmation Long:
Trigger: Price closes above $2,662 with strong volume.
Entry: $2,663.
Stop Loss: $2,659.
Targets:
TP1: $2,670.
TP2: $2,675.
Risk-Reward Ratio: 1:4.
2- Momentum Long:
Trigger: Price breaks $2,662 and forms bullish follow-through candles on 15M/30M charts.
Entry: $2,665.
Stop Loss: $2,661.
Targets:
TP1: $2,675.
TP2: $2,680.
Risk-Reward Ratio: 1:3.5.
Breakdown Below $2,635
3- Confirmation Short:
Trigger: Price closes below $2,635 with strong bearish volume.
Entry: $2,634.
Stop Loss: $2,638.
Targets:
TP1: $2,628.
TP2: $2,625.
Risk-Reward Ratio: 1:3.
4- Momentum Short:
Trigger: Price breaks below $2,635 and retests resistance unsuccessfully.
Entry: $2,632.
Stop Loss: $2,636.
Targets:
TP1: $2,625.
TP2: $2,620.
Risk-Reward Ratio: 1:4.
Execution Precision Notes
Breakout Above $2,662: Sustained volume is crucial to confirm strength; favor targets near $2,670–$2,680.
Breakdown Below $2,635: Bearish continuation must align with higher timeframe support zones.
Risk Management: Tight stops and confluence are essential for high-probability setups.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.