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XAUUSD – Uptrend Continues, OANDA’s ATH Continues to Expand: XAUUSD By: MMFlowTrading — TradingView


Gold continues to trade within a strong upward channel, maintaining its ATH expansion structure. The recent decline is corrective in nature, showing clear signs of liquidity absorption rather than distribution. On the macro front, a weak U.S. dollar, safe-haven capital inflows and a dovish outlook from the Federal Reserve continue to support gold prices at high levels.

➡️ This environment favors trend continuation, not top selection.

Price structure and behavior

The first half structure remains bullish with higher highs and higher lows intact.

The recent decline respects key demand areas and rising diagonals.

No change in downtrend confirmed → Downtrend remains corrective.

After a period of impulsiveness, prices rebalance in preparation for the next expansion.

Key points:
👉 A decline is an opportunity to follow the trend, not a sign of reversal.

Trading Plan – MMF Style

Base case – buy the dip

Focus on patience and structural focus.

Buying Zone 1: 5,045 – 5,020
(Balance area + intraday demand)

Buying Zone 2: 4,985 – 4,960
(intersection of diagonals + deeper liquidity)

➡️ Execute buys only after bullish reactions (deny leverage/maintain structure).
➡️Avoid chasing high prices.

Uptrend Targets (ATH Extension):

TP1: 5,106

TP2: 5,198 (upper expansion area)

alternative
If the price holds above 5,106 without a sharp decline, wait for the breakout and retest to join and continue buying.

Cancel
A confirmed first-half close below 4,960 would reflect a bullish structure and require re-evaluation.

generalize
Gold remains in a controlled ATH expansion phase. As long as structure and demand areas remain, the path of least resistance remains upward. The MMF approach remains the same: buy the dips, follow the structure, and let the trend play out.



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