XAUUSD – Lana is waiting for sustained buying in the rising price channel…

1. Fundamental analysis

Gold prices maintained their upward momentum as investors continued to focus on tensions between Russia and Ukraine and mixed peace signals.
President Putin’s comments suggest that peace proposals may be the basis for a deal, but that Russia is still prepared to keep fighting if the terms are not right. This situation creates a situation of overlapping risks that reduces safe-haven demand in the short term while preserving geopolitical uncertainty that could weigh on the dollar in the medium term.

In this context, Lana prefers a scenario where gold prices continue their upward trend and use technical adjustments in areas with greater liquidity to find buying opportunities that follow the trend, rather than worrying about losing opportunities in high-price areas.

2. Technical analysis
Looking at the first half, XAUUSD is moving in a clear upward price channel, with the price currently close to the channel’s average line. The main trend remains up, with no signs of a breakout from the structure.

After a strong bullish candle, the market left a strong liquidity area just below it, creating a gap below the channel – an area Lana expects price to return to test before continuing higher.

The buying area coincides with the strong liquidity area near 4.166-4.167 (close to the lower boundary of the price channel), which is suitable for a strategy of waiting for adjustment and then continuing to buy.

Using Fibonacci expansion, key points:
1.618: Accumulate funds around the current price area – the price pause area.

2.618: 4.210 Area – Lana identifies this as a short-term correction scalping area.
3.618: Around 4.235 – 4.237 – Strong selling zone where significant profit-taking forces may emerge.
The 4.155 point is an important boundary: if the price falls below this point and remains below this area, Lana will no longer favor long-term buying, as the ascending channel structure may be broken.

3. Price considerations

Support Zone/Buy Zone and Strong Liquidity:
4.166 – 4.167 (descending midline near the lower boundary of the channel)
The area around 4.155 is the boundary of the medium-term uptrend.

Resistance Zones/Fibonacci Extensions and Sell Zones:
4.210 – 4.213: Fibonacci 2.618 scalping selling area.
4.235 – 4.237: Strong selling zone based on Fibonacci 3.618, close to the upper border of the price channel.

4. Transaction scenario
Purchase 4166 – 4167
Stop loss: 4160
Profit target: 4182 – 4195 – 4210 – 4250

Sales 4210 – 4213
Stop loss: 4218
Profit target: 4200 – 4185 – 4160 – 4145

Sales 4235 – 4237
Stop loss: 4243
Profit target: 4212 – 4200 – 4185 – 4160

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