BTC $64,971.00 ▲ 0.19% ETH $1,919.88 ▲ 0.44% USDT $0.9994 ▲ 0.01% BNB $594.61 ▲ 0.80% XRP $1.04 ▲ 0.53% SOL $75.07 ▲ 2.17% DOGE $0.0704 ▲ 1.34% SHIB $0.00000467 ▲ 0.87% PEPE $0.00000288 ▲ 2.26% BTC $64,971.00 ▲ 0.19% ETH $1,919.88 ▲ 0.44% USDT $0.9994 ▲ 0.01% BNB $594.61 ▲ 0.80% XRP $1.04 ▲ 0.53% SOL $75.07 ▲ 2.17% DOGE $0.0704 ▲ 1.34% SHIB $0.00000467 ▲ 0.87% PEPE $0.00000288 ▲ 2.26%
İçerik Alanı728x90
Piyasa

XAUUSD Weekly Plan — After NFP, Don’t Chase the Spike

XAUUSD Weekly Plan — After NFP, Don’t Chase the Spike

Gold OANDA:XAUUSD

Gold ended the week with a very strong bullish structure.

After breaking out from the previous compression and reclaiming the breakout resistance area, price continued to expand higher and is now trading around 4,340 - 4,350.

The post-NFP reaction gave gold strong momentum.

But for the new week, I do not want to chase the candle after a big move.

I want to see where price reacts first.

The simple read

Gold is still bullish on the current structure.

The nearest resistance is 4,369.

If buyers break and hold above 4,369, the next upside reaction zone becomes 4,436.

Above 4,436, the higher Fibo Extension sell reaction zone sits around 4,516.

But if gold rejects from 4,369 - 4,436, a pullback can appear before the next continuation attempt.

The first important buy continuation zone is 4,305.

If 4,305 fails, the next support is 4,240.

The deeper weekly retest zone is 4,165.

Key price zones for the new week

Current price area: 4,340 - 4,350

Short-term resistance: 4,369

Fibo sell reaction zone: 4,436

Higher Fibo extension zone: 4,516

Buy continuation zone: 4,305

Short-term support: 4,240

Breakout retest zone: 4,165

Trading plan

Bullish continuation scenario

If gold breaks and holds above 4,369:

The bullish momentum remains strong.

Price may continue toward 4,436 first.

If 4,436 also breaks with confirmation, 4,516 becomes the next major reaction zone.

A clean breakout or retest above resistance would be better than chasing directly into the high.

Pullback buy scenario

If gold rejects from 4,369 - 4,436:

I will watch 4,305 as the first buy continuation zone.

A clean reaction from this area may support another bullish attempt.

If 4,305 breaks, gold may need a deeper correction toward 4,240.

Deep retest scenario

If the market becomes more volatile after NFP:

4,165 is the deeper breakout retest zone.

This area is important because it was the previous breakout structure.

A strong reaction from 4,165 could rebuild bullish momentum later.

İlgili Haberler

Yorumlar (0)

Yorum yapmak için giriş yapın.

Henüz yorum yapılmamış. İlk yorumu siz yapın.

İçerik Alanı728x90