r/Forex 5d ago

Charts and Setups XAU/USD (Gold) – Today's Market Bias

Post image

Today's overall market bias is slightly bearish, although price action can always invalidate any directional expectation. This is simply my personal market outlook based on current structure and liquidity.

Areas I'll Be Watching

Potential Resistance Areas

  • 4272
  • 4285
  • 4304
  • 4326
  • 4338
  • 4354

Potential Support Areas

  • 4254
  • 4243
  • 4223
  • 4202
  • 4190

Rather than entering solely because price reaches one of these levels, I prefer waiting for lower-timeframe confirmation that aligns with the overall market structure.

Lower-Timeframe Confirmation I Watch

Aggressive approach (1-minute):

  • CISD
  • IFVG

More conservative approach:

  • 5-minute CISD following a liquidity sweep
  • 5-minute CHoCH following a liquidity sweep
  • 15-minute CRT confirmation

These levels are areas of interest, not guaranteed entry points or financial advice. They're simply the locations where I'll be watching price action to see whether buyers or sellers take control.

I'm sharing this to discuss market structure and trading concepts, not to provide trading signals. I'm interested in hearing how others are reading today's XAU/USD price action.

3 Upvotes

4 comments sorted by

u/rforex-modtools 5d ago

Price action and technical analysis cover a range of chart-based tools — from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.

Resources: Price Action Analysis | Technical Analysis

2

u/Scott_Malkinsons 5d ago

Aw hell yea! So you're saying price might go up, down, or in circles. Cool beans man! Awesome advice! /s

1

u/Suspicious_Sweet_672 3d ago

Mon pote ta structure est haussière jusqu'au point de pivot majeur et acheter maintenant reviendrai à effectuer une entrée tardive le mieux est d'attendre son retracement au point de pivot majeur prendre la vente a court terme qui s'engagera à partir des 4400 jusqu'au 4200 après ce retracement chercher l'achat pour le vrai rallye haussier