Fx

Xauusd is currently moving to the downside within an H4 parallel channel. Looking at the chart, we can clearly see that price has almost completed its QFL area, but the move is not complete yet.

The $3,950 level represents a potentially interesting buying opportunity. However, price has not reached this level yet, so we need to remain patient and wait for further confirmation.

My current expectation is that gold could move toward the $4,100 area before potentially retracing toward the $3,800–$3,850 zone.

This scenario is also based on my analysis of 50 years of historical gold data. When gold breaks a major resistance or support level and makes a strong directional move, it can sometimes return to revisit previous key areas before continuing its next major move.

@hamza_2zs Based on this historical perspective, I believe there are two potentially important areas that deserve attention. One is around $2,200, while the other is near $3,887. These levels could become relevant if the market retraces toward them, potentially presenting interesting opportunities for buyers.

However, we must remember that these are only potential scenarios. The market does not always follow historical patterns, and past price behavior does not guarantee future results.

My approach is to identify key levels, wait for price to reach those areas, and then look for confirmation before making any trading decisions.

Finally, we cannot ignore the current geopolitical and economic environment. Global events, economic data, and even a single statement or social media post from Donald Trump can significantly influence gold prices and change the market’s direction.

This is my personal technical analysis, not financial advice. Both bullish and bearish scenarios remain possible, and traders should always manage their risk accordingly.Key Levels.
Support:
— Key support: 4000
- Next support zone: 3942-3960
- Deeper correction target: 3870
Resistance:
- R1: 4076
- R2: 4114
- Key level: 4117
— Psychological resistance: 4200