Trade Setup
XAU/USD Sell 4370 - 4373
Stoploss : 4376
- Take Profit : 4365 ( 70pips )
- Take Profit : 4342 (180pips )
XAU/USD Sell 4370 - 4373
Stoploss : 4376
- Take Profit : 4365 ( 70pips )
- Take Profit : 4342 (180pips )
AddisFx
Trade Setup XAU/USD Sell 4370 - 4373 Stoploss : 4376 - Take Profit : 4365 ( 70pips ) - Take Profit : 4342 (180pips )
Recovered
Sell entry 4366: +90pips🔥🔥
Sell entry 4365: +80pips🔥🔥
Sell entry 4364: +70pips🔥🔥
" My analysis "
➤ The current bullish recovery remains relatively weak compared to the previous bearish move. Price has rebounded from the 4357–4360 area, but has yet to produce a strong enough bullish expansion to reverse the current market structure.
Sell entry 4366: +90pips🔥🔥
Sell entry 4365: +80pips🔥🔥
Sell entry 4364: +70pips🔥🔥
" My analysis "
➤ The current bullish recovery remains relatively weak compared to the previous bearish move. Price has rebounded from the 4357–4360 area, but has yet to produce a strong enough bullish expansion to reverse the current market structure.
🕊8❤1🍾1
📌 Market Update – August 12
XAUUSD/M15
➤ Gold remains within its broader ascending price channel. However, following the latest recovery, price has formed a new Lower High around 4416, suggesting that short-term bullish momentum is weakening and selling pressure could return.
🎯 Today’s Scenario
Current Market Structure:
- Range High: 4416
- First Corrective Target: 4390–4385
- Extended Target: 4360
➤ As long as price fails to reclaim 4416, the preferred scenario remains a corrective move back toward 4390–4385, the nearest key support area to monitor for buyer reaction.
➤ If 4390–4385 fails to hold, selling pressure could extend further during the London and New York sessions, bringing price toward 4360, near the lower boundary of the current ascending channel.
➤ Expected Corrective Range:
4390 → 4360
📌 For now, the focus remains on the reaction around 4416. As long as this Lower High holds, the short-term bias favors a correction toward 4390, with potential extension toward 4360.
XAUUSD/M15
➤ Gold remains within its broader ascending price channel. However, following the latest recovery, price has formed a new Lower High around 4416, suggesting that short-term bullish momentum is weakening and selling pressure could return.
🎯 Today’s Scenario
Current Market Structure:
- Range High: 4416
- First Corrective Target: 4390–4385
- Extended Target: 4360
➤ As long as price fails to reclaim 4416, the preferred scenario remains a corrective move back toward 4390–4385, the nearest key support area to monitor for buyer reaction.
➤ If 4390–4385 fails to hold, selling pressure could extend further during the London and New York sessions, bringing price toward 4360, near the lower boundary of the current ascending channel.
➤ Expected Corrective Range:
4390 → 4360
📌 For now, the focus remains on the reaction around 4416. As long as this Lower High holds, the short-term bias favors a correction toward 4390, with potential extension toward 4360.
👍3❤1
AddisFx
📌 Market Update – August 12 XAUUSD/M15 ➤ Gold remains within its broader ascending price channel. However, following the latest recovery, price has formed a new Lower High around 4416, suggesting that short-term bullish momentum is weakening and selling…
📌 Quick Market Update
Hi everyone, here’s a quick market update!
➤ Price has just pushed higher and retested the 4416–4420 Range High. However, the candle showed a clear upper-wick rejection and closed back below the range, meaning the breakout has not yet been confirmed.
➤ For that reason, I’m not rushing into Buy positions at this level. 4416–4420 remains a key area where sellers are defending the structure well, so stay patient and wait for clearer confirmation before entering.
📌 A confirmed breakout above 4420 could open the way for bullish continuation. If rejection continues, the focus shifts back to a corrective move toward the downside target zones.</b>
Hi everyone, here’s a quick market update!
➤ Price has just pushed higher and retested the 4416–4420 Range High. However, the candle showed a clear upper-wick rejection and closed back below the range, meaning the breakout has not yet been confirmed.
➤ For that reason, I’m not rushing into Buy positions at this level. 4416–4420 remains a key area where sellers are defending the structure well, so stay patient and wait for clearer confirmation before entering.
📌 A confirmed breakout above 4420 could open the way for bullish continuation. If rejection continues, the focus shifts back to a corrective move toward the downside target zones.</b>
🔥4
This media is not supported in your browser
VIEW IN TELEGRAM
🇺🇸 US CPI — Key Event Today
🕧 12:30 GMT — Wednesday, August 12
The US July CPI report is the major market-moving event today. It is scheduled for 12:30 GMT, with markets closely watching whether inflation is cooling or remaining sticky.
Core CPI m/m
Forecast: 0.2% | Previous: 0.0%
Core CPI y/y
Forecast: 2.5% | Previous: 2.6%
CPI m/m
Forecast: 0.1% | Previous: -0.4%
CPI y/y
Forecast: 3.4% | Previous: 3.5%
⚡ Key Reaction Guide
Actual > Forecast → USD strengthens 📈 → Gold bearish 📉
Actual < Forecast → USD weakens 📉 → Gold bullish 📈
The Core CPI deserves particular attention, as a hotter-than-expected reading could reinforce expectations for a more cautious Fed, while softer inflation could support expectations for easier policy and put pressure on the USD.
🕧 12:30 GMT — Wednesday, August 12
The US July CPI report is the major market-moving event today. It is scheduled for 12:30 GMT, with markets closely watching whether inflation is cooling or remaining sticky.
Core CPI m/m
Forecast: 0.2% | Previous: 0.0%
Core CPI y/y
Forecast: 2.5% | Previous: 2.6%
CPI m/m
Forecast: 0.1% | Previous: -0.4%
CPI y/y
Forecast: 3.4% | Previous: 3.5%
⚡ Key Reaction Guide
Actual > Forecast → USD strengthens 📈 → Gold bearish 📉
Actual < Forecast → USD weakens 📉 → Gold bullish 📈
The Core CPI deserves particular attention, as a hotter-than-expected reading could reinforce expectations for a more cautious Fed, while softer inflation could support expectations for easier policy and put pressure on the USD.
👍1
Market update
XAUUSD/M15
➤ After forming a Swing High around 4523, Gold is currently developing a short-term bearish correction. Price has already lost the 4500 area and is now testing the trendline support around 4490.
🎯 Today’s Scenario
- As long as buyers fail to reclaim 4500, I favor a further corrective extension toward 4478, followed by the 4461–4466 Range Low.
➤ Range Resistance: 4499–4500
➤ First Downside Target: 4478–4480
- 4461–4466 will be the key area to watch for buyer reaction. If price establishes a short-term bottom with clear bullish confirmation around this zone, a new recovery move could begin.
➤ Range Low: 4461–4466
- In that scenario, the recovery target would be the 4510–4513 M15 Supply Zone.
➤ M15 Supply Zone: 4510–4513
📌 Trading Bias: Below 4500 → Corrective Extension toward 4478 → 4461–4466. If buyers successfully defend the Range Low, we will then look for Buy setups targeting 4510–4513.
XAUUSD/M15
➤ After forming a Swing High around 4523, Gold is currently developing a short-term bearish correction. Price has already lost the 4500 area and is now testing the trendline support around 4490.
🎯 Today’s Scenario
- As long as buyers fail to reclaim 4500, I favor a further corrective extension toward 4478, followed by the 4461–4466 Range Low.
➤ Range Resistance: 4499–4500
➤ First Downside Target: 4478–4480
- 4461–4466 will be the key area to watch for buyer reaction. If price establishes a short-term bottom with clear bullish confirmation around this zone, a new recovery move could begin.
➤ Range Low: 4461–4466
- In that scenario, the recovery target would be the 4510–4513 M15 Supply Zone.
➤ M15 Supply Zone: 4510–4513
📌 Trading Bias: Below 4500 → Corrective Extension toward 4478 → 4461–4466. If buyers successfully defend the Range Low, we will then look for Buy setups targeting 4510–4513.
AddisFx
Market update XAUUSD/M15 ➤ After forming a Swing High around 4523, Gold is currently developing a short-term bearish correction. Price has already lost the 4500 area and is now testing the trendline support around 4490. 🎯 Today’s Scenario - As long as…
Our First Downside Target for today’s corrective move has already been reached.
Price has also retested the Trendline, so now let’s focus on the next Downside Target.
Price has also retested the Trendline, so now let’s focus on the next Downside Target.
🔥7❤2