@efmstrade
YouTube
Avg. Quality
73
Success Rate
64.94
Analysis
77
Correct
50
Fail
23
Pending
3
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
XAUUSD
Long Entry
3,999.4000
2025-11-08
08:04 UTC
Target
4,156.7900
Fail
3,973.8600
Risk/Reward
1 : 6
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The presenter anticipates range-bound conditions for gold (XAUUSD). He identifies the price to fluctuate between 4045 and a potential lower demand zone near 3672-3630. However, he sets immediate targets as 3797 and 3888 for upward retracements which may be short term. Resistance levels are 4027-4045, 4110-4135, and 4350-4380, with particular emphasis on the 4045 as the main resistance of note to breakthrough for bullish confirmation. Demand/support is anticipated to test from between 3985-4000, however closing below this level will target the next support zone 3926-3940, which if broken target support zone area to be 3805-3820 area. He uses a weekly chart to set his resistance levels. The presenter is mostly bullish, however, foresees sideways corrections to confirm bullish pattern before targeting high levels.