Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124

[ad_1]
Recent data shows that the dollar has calmed as markets anticipate a more easing Fed → creating a supportive base for the short-term rise in XAU/USD.
📊 Technical Analysis – H1 Time Frame (MMF Process)
1️⃣Important support:
4,187 – 4,188: Buy area + lower trendline + strong price reaction.
Price retests and moves higher → confirmation that active buying remains.
2️⃣ Nearby resistance:
4,211 – 4,212: Intermediate Liquidity Zone → Expect higher lows to form before the downtrend line is broken.
3️⃣ Main target areas:
4,236 → Strong resistance, market recurring.
Beyond: 4,254 → Large supply area, which is a stretch target if price breaks out.
🧭According to the trading scenario of MMF
Main scenario – buying with the trend
Buy again when price retests 4,187 – 4,188 or
Buy when price breaks 4,212 and then retest.
Profit target:
TP1: 4,212
TP2: 4,236
TP3: 4,254
Stop Loss: Below 4,182.
Idea: The price forms an absorption pattern + a higher bottom on the trend line → the possibility of rising to the upper liquidity area.
Secondary Scenario – Sell in Response
For fast traders only:
Sell reaction at 4,236 – 4,238
Profit target: 4,212
Stop Loss: 4,243
🎯 Daily deviation summary
Bias: Bullish in the first half with prices holding at 4,187.
Priority: Buy at the bottom – Sell at the top only for fast traders.
Wait for a break below the downtrend line and expand the target to 4,254.
[ad_2]
Source link