XAUUSD Signal Analysis

Grade Trading Signals PT-0514-01

XAUUSD M15 RANGE ANALYSIS

RESISTANCE: 4706
SUPPORT: 4677

MARKET CONDITION:
Price is ranging between resistance and support.
The market keeps reacting at the same zones:

– Price touches 4706 → sellers enter
– Price touches 4677 → buyers enter

This means the market has not confirmed a breakout yet.

BUY SETUP:
Wait for a strong candle close above 4706

SELL SETUP:
Wait for a strong candle close below 4677

NO TRADE ZONE:
4685 – 4700
(choppy and risky area)

BUY TARGETS:
TP1: 4715
TP2: 4735

SELL TARGETS:
TP1: 4660
TP2: 4647

NOTE:
Avoid chasing candles inside the range.
Wait for breakout confirmation for safer entries.

This is not trading advice.

Disclaimer

All trading signals and analysis provided by PetraTraders are for informational and educational purposes only. They do not constitute financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and all decisions are made solely by the user. PetraTraders is not responsible for any losses or outcomes resulting from the use of this information.

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