@JustinBennettfx

YouTube

Avg. Quality

80

Success Rate

41.18

Analysis

68
Correct
28
Fail
29
Pending
11
Ineffective
0
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This analysis has a 97.24% probability of being Success

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Total Quality
Score
If You Had Traded on This Analysis…
Correct
XAUUSD
Long Entry 3,381.9000 2025-08-05 19:14 UTC
Target 3,404.0000 In 45 Minutes Fail 3,305.0000
Risk/Reward 1 : 0
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Final PnL
0.65%
P/L:
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XAUUSD
Correct
Forex
Technical
1H
Analysis Predict Range Market
The analysis focuses on XAUUSD (Gold) and DXY (U.S. Dollar Index). For XAUUSD, the presenter removes a trendline due to ranging market conditions since April. The main target is set at 3404, based on a single print area. An unfinished auction at 3285 was previously swept. The key strategy involves identifying XAUUSD as range-bound between the high around 3404 and support around 3305. For DXY, after a failed breakout above 99.35, the price action is weak. The presenter identifies a single print at 98.46 as a potential target, anticipating a possible bounce. However, the current position above support at 98.50 discourages short entries. The analysis also suggests that Gold and USD are inversely correlated.
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