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Atiq Pasha
Atiq Pasha
15-minute XAUUSD (Gold vs US Dollar) chart.
Price initially moved in a strong downtrend, forming lower highs and lower lows while trading below the moving averages. After reaching a demand zone near 4,650, gold reversed and started a bullish recovery.
The market then formed higher lows, showing a trend change. Price has now broken above short-term and mid-term moving averages, indicating bullish momentum. The long-term moving average (blue) is acting as dynamic resistance, where price is currently reacting.
A short-term pullback is visible from the resistance zone around 4,910–4,950, suggesting a possible correction before continuation.
Green zone: Potential buy / demand area
Red zone: Resistance / supply area
Volume increased during the bullish move, confirming buying strength
Momentum indicator is above 60, showing bullish pressure, but slightly slowing
Overall bias:
Bullish structure intact, but price is currently correcting from resistance. A pullback into support could offer continuation opportunities.
If you want:
📉 Sell / Buy idea
🎯 Entry, SL & TP
🧠 Beginner-friendly explanation
Just tell me 👍
Price initially moved in a strong downtrend, forming lower highs and lower lows while trading below the moving averages. After reaching a demand zone near 4,650, gold reversed and started a bullish recovery.
The market then formed higher lows, showing a trend change. Price has now broken above short-term and mid-term moving averages, indicating bullish momentum. The long-term moving average (blue) is acting as dynamic resistance, where price is currently reacting.
A short-term pullback is visible from the resistance zone around 4,910–4,950, suggesting a possible correction before continuation.
Green zone: Potential buy / demand area
Red zone: Resistance / supply area
Volume increased during the bullish move, confirming buying strength
Momentum indicator is above 60, showing bullish pressure, but slightly slowing
Overall bias:
Bullish structure intact, but price is currently correcting from resistance. A pullback into support could offer continuation opportunities.
If you want:
📉 Sell / Buy idea
🎯 Entry, SL & TP
🧠 Beginner-friendly explanation
Just tell me 👍
Atiq Pasha
15-minute XAUUSD (Gold vs US Dollar) chart.
Price initially moved in a strong downtrend, forming lower highs and lower lows while trading below the moving averages. After reaching a demand zone near 4,650, gold reversed and started a bullish recovery.
The market then formed higher lows, showing a trend change. Price has now broken above short-term and mid-term moving averages, indicating bullish momentum. The long-term moving average (blue) is acting as dynamic resistance, where price is currently reacting.
A short-term pullback is visible from the resistance zone around 4,910–4,950, suggesting a possible correction before continuation.
Green zone: Potential buy / demand area
Red zone: Resistance / supply area
Volume increased during the bullish move, confirming buying strength
Momentum indicator is above 60, showing bullish pressure, but slightly slowing
Overall bias:
Bullish structure intact, but price is currently correcting from resistance. A pullback into support could offer continuation opportunities.
If you want:
📉 Sell / Buy idea
🎯 Entry, SL & TP
🧠 Beginner-friendly explanation
Just tell me 👍
Price initially moved in a strong downtrend, forming lower highs and lower lows while trading below the moving averages. After reaching a demand zone near 4,650, gold reversed and started a bullish recovery.
The market then formed higher lows, showing a trend change. Price has now broken above short-term and mid-term moving averages, indicating bullish momentum. The long-term moving average (blue) is acting as dynamic resistance, where price is currently reacting.
A short-term pullback is visible from the resistance zone around 4,910–4,950, suggesting a possible correction before continuation.
Green zone: Potential buy / demand area
Red zone: Resistance / supply area
Volume increased during the bullish move, confirming buying strength
Momentum indicator is above 60, showing bullish pressure, but slightly slowing
Overall bias:
Bullish structure intact, but price is currently correcting from resistance. A pullback into support could offer continuation opportunities.
If you want:
📉 Sell / Buy idea
🎯 Entry, SL & TP
🧠 Beginner-friendly explanation
Just tell me 👍
