Gold/USD Wyckoff Distribution Breakdown – Trend Reversal or Buy
Chart Analysis & Trade Setup:
This XAU/USD (Gold/US Dollar) 4H chart illustrates a classic Wyckoff Distribution pattern, signaling a potential trend reversal. After reaching a buying climax, Gold has broken below key support, forming lower lows, which suggests further bearish pressure.
Wyckoff Structure Breakdown:
1️⃣ Resistance Break – The initial bullish breakout created new highs.
2️⃣ Buying Climax (BC) – A strong move up exhausted buyers.
3️⃣ Automatic Rally (AR) – Price retraced but held above previous support.
4️⃣ Resistance Confirmation – Price tested resistance again, forming a double-top pattern.
5️⃣ Spring Formation – A false breakout attempt before distribution.
6️⃣ Lower Low Formation – The price has now broken below major support, signaling potential further downside.
Trade Plan & Key Levels:
✅ Potential Long Entry: If price forms a bullish reversal pattern around 2,880 - 2,885 USD, traders may look for long positions targeting 2,920 - 2,940 USD.
📉 Bearish Continuation: If Gold fails to reclaim 2,900 USD, the next downside target is 2,850 USD.
🎯 Target 1: 2,920 USD (Short-term resistance).
🎯 Target 2: 2,940 USD (Key swing high).
🛑 Stop Loss: Below 2,865 USD to manage risk.
This XAU/USD (Gold/US Dollar) 4H chart illustrates a classic Wyckoff Distribution pattern, signaling a potential trend reversal. After reaching a buying climax, Gold has broken below key support, forming lower lows, which suggests further bearish pressure.
Wyckoff Structure Breakdown:
1️⃣ Resistance Break – The initial bullish breakout created new highs.
2️⃣ Buying Climax (BC) – A strong move up exhausted buyers.
3️⃣ Automatic Rally (AR) – Price retraced but held above previous support.
4️⃣ Resistance Confirmation – Price tested resistance again, forming a double-top pattern.
5️⃣ Spring Formation – A false breakout attempt before distribution.
6️⃣ Lower Low Formation – The price has now broken below major support, signaling potential further downside.
Trade Plan & Key Levels:
✅ Potential Long Entry: If price forms a bullish reversal pattern around 2,880 - 2,885 USD, traders may look for long positions targeting 2,920 - 2,940 USD.
📉 Bearish Continuation: If Gold fails to reclaim 2,900 USD, the next downside target is 2,850 USD.
🎯 Target 1: 2,920 USD (Short-term resistance).
🎯 Target 2: 2,940 USD (Key swing high).
🛑 Stop Loss: Below 2,865 USD to manage risk.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.