BTC $63,551.00 ▲ 1.55% ETH $1,853.89 ▲ 0.48% USDT $0.9991 ▼ 0.00% BNB $589.51 ▲ 1.30% XRP $1.07 ▲ 0.43% SOL $73.30 ▲ 1.05% DOGE $0.0700 ▲ 1.31% SHIB $0.00000493 ▲ 2.08% PEPE $0.00000291 ▲ 3.12% BTC $63,551.00 ▲ 1.55% ETH $1,853.89 ▲ 0.48% USDT $0.9991 ▼ 0.00% BNB $589.51 ▲ 1.30% XRP $1.07 ▲ 0.43% SOL $73.30 ▲ 1.05% DOGE $0.0700 ▲ 1.31% SHIB $0.00000493 ▲ 2.08% PEPE $0.00000291 ▲ 3.12%
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Piyasa

Gold Buy Opportunity | Supertrend Confirms Uptrend

Gold Buy Opportunity | Supertrend Confirms Uptrend

Gold OANDA:XAUUSD

Worked for 10s
XAU/USD (Gold) 15M Technical Analysis

Market Bias: Bullish (while price remains above support)

Gold is trading around 4055 after a strong impulsive move higher. The chart shows price pulling back toward a key support zone, where buyers may look to re-enter. The overall structure remains bullish as long as the highlighted demand area holds.

Key Technical Levels
Entry Zone: 4050.2 – 4055.0
Immediate Support: 4050.3
Major Support: 4034.2
Stop Loss: Below 4033.6
Nearest Resistance: 4065
Next Resistance: 4075
Extended Target: 4090 – 4100
Trade Idea
Wait for bullish confirmation (strong bullish candle or rejection wick) from the 4050 support area.
If buyers defend support, upside momentum could continue toward:
TP1: 4065
TP2: 4075
TP3: 4090
TP4: 4100
Alternative Scenario

If price closes below 4050 and loses the support zone, the market could extend its correction toward 4034. A break below 4034 would invalidate the current bullish setup and shift the short-term bias to bearish.

Summary
✅ Bias: Bullish
📈 Buy Zone: 4050–4055
🎯 TP1: 4065
🎯 TP2: 4075
🎯 TP3: 4090
🎯 TP4: 4100
🛑 Stop Loss: Below 4033.6

This analysis is for educational purposes and should be confirmed with price action before entering a trade.

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