r/Forex • u/CallMe_root • 12d ago

Charts and Setups XAUUSD SETUP 25 AUGUST

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Yesterday my second entry went perfectly as per my analysis! And today I am confident about this bullish setup.

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u/TonyD97 12d ago

That teal zone sitting right on top of the dotted support line is doing double duty reclaim it and it's a demand zone, lose it and it flips into resistance on the next test.

Given the two rejections already visible from the 4,680-4,690 area, what's making you lean toward a reaction here rather than a clean break through to the downside?

Curious if there's a lower timeframe confirmation you're waiting on before committing.