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Gold Analysis and Trading Strategies | March 17-18, OANDA:XAUUSD by Gold_Maestro — TradingView


✅ 4-hour frame (4H) trend analysis
● The price previously fell from a high of 5238 to around 4967, and is currently rebounding from a low level, with the highest rebound level reaching 5045. From the moving average, MA5 has begun to stabilize and is approaching MA10, but the price is still lower than MA20, indicating that the market is still in the correction stage of the downward trend.

● The market is currently in the correction phase of a downtrend. If the price fails to break above 5060, the decline may continue.

✅ Trend analysis of frames per hour (1H)
● On the 1-hour chart, the price rebounded from the bottom of 4967 points, entered the designated range and moved upward. It is currently trading around 5000 points.

● The short-term moving average shows that MA5 crosses MA10, indicating a short-term bullish signal, but the price is still supported by MA20. Bollinger Bands also show price moving around the midline, which indicates that the price is in an oscillatory structure and has a tendency to rebound.

The market is currently waiting for the Federal Reserve’s interest rate decision, and the short-term trend shows a combination of rebound and volatility, with limited upward momentum.

🔴Resistance
● 5020 – 5040 (short-term resistance)
● 5060 – 5080 (structural resistance)
● 5100 – 5120 (key resistance levels)

🟢Support
● 4980 – 4965 (short-term support)
● 4950 – 4930 (structural support)
● 4900 – 4880 (mainly supported)

✅ Trading strategy reference

🔰 Sales strategy (sell from top of range)
👉Registration: 5020 – 5040
🎯Target: 5000/4980/4950

📍Logic:
The rebound is weak, the 4-hour frame trend is still bearish, and there is obvious resistance at the upper edge of the range.

🔰 Buying strategy (buy from the bottom of the range)
👉Registration: 4965 – 4980
🎯Target: 5000/5020/5040

📍Logic:
The market is in a state of volatility, and with stable support, a rebound may occur.

⚠️Trend summary

👉 The trend on the 4-hour frame is still downward, but it has entered the fluctuation stage, while there is no obvious trend on the 1H frame. The market is currently operating within the 4965-5040 range, waiting to determine the direction of the breakthrough.

👉 If the price on the 1H frame manages to break through 5040 and hold above it, it will indicate an upward breakout and the market may test 5060 – 5080.

👉If the price breaks above the 4965 level on the 1H frame, this indicates a bearish breakout and the market may go to test 4940 or even 4900.



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