XAUUSD - Analysis
Trends:
* Weekly: strong bullish
* Daily: bullish continuation
* 4H: strong upward push, no major weakness
* 1H / 15M: price is moving sideways after a sharp rise
Overall direction is UP, but price is currently extended.
Support & Resistance:
Resistance: 4875 – 4885 (recent highs)
Supports:
* 4850 – 4840
* 4820 – 4800
* 4760 – 4750
Insights:
* Do NOT chase buys at current highs.
* Market has already moved fast → risk of pullback or sideways.
* Best trades now are pullback buys, not breakout buys.
Scalp Plan A (Preferred)
* BUY near: 4850
* SL: 4800
* TP1: 4900
* TP2: 4950 (optional if momentum continues)
Scalp Plan B (Only if rejection seen)
* SELL near: 4880–4890
* SL: 4930
* TP: 4830–4820
* (Short is counter-trend → quick in, quick out only)
Final Bias:
* Primary bias: BUY on dips
* Avoid: buying at highs
* Shorts: only very fast scalps with clear rejection
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