u/Master-Indication663

XAUUSD (1H) Trendline Break + POC Resistance Would you short this setup?

XAUUSD (1H) Trendline Break + POC Resistance Would you short this setup?

Been looking at XAUUSD on the 1H chart and I’m leaning a bit bearish short term, but I’m not fully convinced yet.

Price looks like it broke the ascending trendline and failed to really reclaim momentum after that. The 4.721 area (POC) has been acting like resistance from what I’m seeing, and the price seems to be drifting back toward the Fib 0.382–0.236 zone.

A few things making me cautious:

RSI around 43 → momentum feels weak

Volume picked up during the move down → sellers seem more active

Negative volume delta still suggests short-term selling pressure

Price staying under the Bollinger mid-band doesn’t look great for bulls

Parabolic SAR is still showing a sell signal

Levels I’m watching:

Support: 4.696 / 4.682 / 4.668 / 4.642

Resistance: 4.709 / 4.721 / 4.746 / 4.765

On the macro side, stronger USD expectations and bond yields still feel like a headwind for gold, but geopolitical stuff makes me think this could stay messy instead of trending cleanly.

Curious how others here would play this would you wait for a cleaner confirmation/retest before looking short, or does the trendline break + resistance rejection already count as enough confirmation for your strategy?

u/Master-Indication663 — 2 days ago

I’ve got support marked around 4680 and 4660.

As long as price holds above 4660, I’m leaning slightly bullish, but I want to see how price actually reacts there before assuming continuation.

On the upside, 4720–4760 looks like a key resistance zone.

For tomorrow’s open, I’m mainly watching how price behaves inside the 4660–4720 range.

Curious how others are seeing this:

Would you consider 4660 a strong enough level for continuation?

Or are you expecting a deeper breakdown first?

Always interesting to compare different reads on the same chart.

u/Master-Indication663 — 8 days ago

Timeframe: Intraday (M15–H1)

Gold is approaching a strong resistance zone at 4715–4725. Momentum appears to be slowing, so I’m watching for a possible pullback before any continuation.

Key Zones:

• Resistance: 4715–4725

• Primary Support: 4640–4650

• Secondary Support: 4600–4610

Strategy Plan: Not looking to short into resistance. Prefer waiting for price to retrace into support and then assess potential long setups.

Execution:

• 4650–4640: Watch for confirmation (structure shift, rejection, etc.) before considering longs

• Break below 4650: No trade, wait for lower support

• 4600–4610: Monitor for stronger demand reaction

Invalidation: Acceptance below 4600 would weaken the bullish idea.

Notes: No blind entries, waiting for confirmation

– Risk management is key

– This is a reactive plan, not a prediction

Open to feedback or alternative views.

u/Master-Indication663 — 8 days ago

Range in focus: 4580 – 4500

Resistance: 4570–4580

Watching for potential rejection here if price reaches the zone.

Possible downside areas: 4555 / 4546 / 4534

Support: 4500

Key level to monitor for any reaction or bounce.

Main idea is to wait for confirmation (price action/structure) rather than anticipating moves.

Curious how others are viewing this range today—any different levels or bias?

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u/Master-Indication663 — 9 days ago

Gold is retesting a key support zone at 4500–4510 amid continued geopolitical pressure from the Middle East situation.

Levels I’m watching:

Support: 4500–4510 (current test zone)

Below support: 4480–4460 (next demand area)

Scenario 1 (bullish):

If price holds above 4500–4510 and shows a strong reaction (rejection wicks / structure shift on lower TF), I’ll be looking for potential long setups targeting a short-term rebound.

Scenario 2 (bearish):

A confirmed break and acceptance below 4500 would invalidate the support, opening the path toward 4480–4460.

Right now I’m waiting for confirmation rather than pre-empting the move — no entry without price action.

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u/Master-Indication663 — 10 days ago

Current structure remains bearish below 4570, with price continuing to respect lower highs.

Key Levels:

Resistance: 4570

Support: 4537 → 4500

Bearish Scenario (Primary):

As long as price stays below 4570, downside momentum may continue.

First target: 4537

Break below 4537 could open move toward 4500

Bullish Scenario (Alternative):

If a 1H candle closes above 4570, short-term rebound becomes possible.

Upside targets: 4592 – 4604

Approach:

Watching for confirmation around key levels rather than anticipating moves.

This is just a technical view based on price structure, not financial advice. Always manage risk.

u/Master-Indication663 — 10 days ago

Sharing a possible range setup for gold (XAUUSD) — looking for feedback or different views.

Levels of Interest:

Support: 4580

If price holds and shows rejection here, the range could rotate upward.

Possible upside areas: 4600 → 4610 → 4630

Resistance: 4640–4660

If price fails to break this zone cleanly, the range could rotate lower.

Possible downside areas: 4620 → 4610 → 4600

This is based on a range-bound idea, so the focus is on how price reacts at these levels rather than predicting direction.

Short-term / intraday perspective

Waiting for confirmation (no blind entries)

Open to any feedback or alternative scenarios.

u/Master-Indication663 — 11 days ago
▲ 9 r/Forex

Price is testing a key support zone around 4600–4610, so this looks like a potential decision area.

A break and close below 4600 could open the path toward 4550–4560

If the level holds, price may rotate back toward 4650–4660

A move above 4660 would put 4680–4700 in play

For now, just watching how price reacts here before considering anything.

Curious how others are viewing this level.

u/Master-Indication663 — 14 days ago

With the Fed Funds Rate and FOMC statement coming up, volatility is expected to spike.

Current structure on gold:

Resistance: 4550–4560

Higher resistance: 4580–4600

Support: 4520–4530

Plan I’m watching:

If price rejects 4550–4560 → possible short setup

If breakout holds above → momentum toward 4580+

Otherwise, waiting for liquidity grab before entry

Personally, I’m cautious since FOMC often creates fake moves first.

What’s your approach for trading this event?

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u/Master-Indication663 — 15 days ago

Current structure on XAUUSD remains bearish after price failed to hold above recent highs and started printing lower highs

Bias: Bearish (for now, unless structure shifts)

Plan

Looking for potential short entries on a pullback into the 4590–4620 area

Invalidation would be a sustained move above the recent resistance zone

Potential targets around 4550, with extension toward 4500 if momentum continues

Price is currently respecting a bearish structure, so I’m personally watching for continuation rather than reversal. That said, I’ll reassess if the market breaks and holds above resistance.

Curious how others are viewing this — are you seeing continuation here or signs of a possible reversal?

u/Master-Indication663 — 16 days ago
▲ 135 r/sp500

The S&P 500 just reached a fresh record high around 7,175 based on the max timeframe.

Some context:

Long-term trend remains strongly upward

Significant acceleration post-2020

Recent price action shows continued higher highs despite periodic pullbacks

Curious how others are viewing this level:

Do you see this as continuation strength or potential exhaustion?

u/Master-Indication663 — 17 days ago