Total Quality
Score
If You Had Traded on This Analysis…
Correct
XAUUSD
Entry 3,374.4000 2025-08-23 07:35 UTC
Target 3,380.0000 In 2 Days
Fail 3,366.0000
Risk / Reward 1 : 1
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Final PnL
0.17%
P/L:
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XAUUSD
Correct
Forex
Technical
1H
Analysis Predict Bull Market
Body
The video analyzes the Gold/U.S. Dollar (XAUUSD) forex pair. The analysis refers to comments by Federal Reserve Chair Jerome Powell that dollar sinks and gold extends rise after powerll remarks. The presenter identifies the previous resistance points that can work as support level. Specifically, he uses Fibonacci retracement (61.8%) to determine support around the 3343 level. If the market doesn't go down, he recommends looking for buy a the breakout above 3380 level. He uses previous resitance that would work as support, the 50 and round number, to determine the next zone. In case of a normal day we can expect 50 pips with 1:1 reward/risk ration. After the market opening is better to be in the buy side.
Principled
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Accurate
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