XAUUSD
4,155.431-hour still in a big downtrend (−$170 Monday), but today made higher lows all day (4,113 → 4,122 → 4,136 → 4,150); 4,160–4,171 decides if the bounce goes on.
- 4,1976 Jul swing high + 4,200strongJuly high 4,202.9, 3 daily touches; Monday's sell-off paused here
- 4,16522 Jul high / Mon London + NY highsstrongJul week high 4,166.1 (3 touches); Mon 4,171.2, 4,160.6, Asia low 4,162
- 4,148Asia/London ceiling (flip)mediumCapped 4,146.6–4,148.9 three times; broke 11:05 UK, retest held 4,149.8
- 4,138London low / Mon London lowstrongLondon low 4,136.0, 5m shelf 4,137.8–4,140, Mon London low 4,140.7
- 4,12230 Jul high / Asia shelfstrongJuly weekly high 4,120.2 (6 touches); Asia bounces 4,122.1, 4,124.8
- 4,112Week low (double bottom)strongMon low 4,110.9, Tue Asia low 4,113.5; both rallied $25+
Long (break and retest) if After 14:45 UK: a CLOSED 5m candle above 4,172.7 (skip if the candle is over $10), price comes back to test 4,166–4,171 and holds; buy the confirmed 1m higher low (1m close above the previous 1m high). Not from 14:45 to 15:15 UK (news 15:00: wait for the second 5m candle after it).. Stop $1.50 below the nearest 5m swing low that formed the retest (about 4,165.5; skip if over $8) · Targets 4,189 (before 4,191–4,203) → trail under 1m higher lows; next real level 4,235–4,245
Short (rejection) if Rally into 4,191–4,203 with a wick, then a CLOSED 5m candle back below 4,189.5 (skip if the candle is over $10); sell the confirmed 1m lower high (1m close below the previous 1m low).. Stop $1.50 above the nearest 5m swing high that formed the rejection (about 4,197; skip if that swing high is above 4,195.5: stop over $8) · Targets 4,173 (before 4,160–4,171) → only on a 5m close below 4,158.5: 4,152 (before 4,146–4,150)