Gold – Consolidating strongly, are we waiting for a strong breakout? OANDA by Gold_BreakZone: XAUUSD — TradingView

Recent political developments in Japan have caused the yen to rise sharply against the U.S. dollar, leading to increased currency market volatility.

– On the larger timeframe (4 hours – 2 hours – 1 hour), the EMA is trending upward, confirming the continuation of the uptrend. On smaller time frames (30 minutes – 15 minutes – 5 minutes), price moves sideways during the consolidation phase, indicating a directional breakout prior to compression.

– The uptrend line remains and daily volatility gradually increases, maintaining the buying bias.

– Sales target: 3 – 6 – 10 – 15 points.

2. Strong purchase conditions:

– If price stabilizes above 34 EMA (2nd hour) + ascending trendline remains intact + 5086 – 5092 area is broken ← Strong recovery buying opportunity.

– Boost goals: 511 – 513 – 515 – 520 – 523.

3. Short-term correction scenario:

– If price breaks the uptrend line + closes below the 34 EMA (2nd hour) + breaks the 4999 – 5001 area ← Expect a sell bounce.

– Relegation goals: 497 – 494 – 490.

Post-correction, the first priority remains looking for buying opportunities that align with the major uptrend on the four-hour time frame.

❗If the price falls below the 4898-4900 level and the upward trend weakens significantly, the buying strategy should be suspended as the market may enter a deeper adjustment phase.

Buy gold within price limits: 5018-5020
stop loss:5014
✅First goal:5023
✅Second goal:5035

Buy gold within price limits: 5000-5002
stop loss: 4996
✅First goal:5005
✅Second goal:5017

Sell ​​gold within price limits:5079-
stop loss: ٥٠٨٥
✅First goal: ٥٠٧٦
✅Second goal: ٥٠٦٤

Gold sold within limits: 5145 – 5147
stop loss: ٥١٥١
✅First goal: ٥١٤٢
✅Second goal: ٥١٣٠