Post
π₯ GOLD (XAU/USD) β 28/4/2026 β 23:00
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π° Price: 4586.48 USD
π 24H Change: -1.91%
ββββββββββ π TECHNICAL OVERVIEW βββββββββ
EMA34: 4719.67
EMA89: 4780.76
Trend Bias: π΄ Strong Downtrend
RSI (H1): 30.96 β approaching oversold
Key Fibonacci Level: 50% at 4550.25
ββββββββββ π¦ SMART MONEY / STRUCTURE βββββββββ
M5 structure shows bullish BOS
Recent sell-side liquidity swept at 4571.27
Price retesting order block zone: 4570.64 β 4582.19
Indicates potential accumulation after liquidity grab
ββββββββββ π MARKET STRUCTURE βββββββββ
Elliott Wave:
H4: Wave C (flat correction) targeting ~4680
D1: Wave C (zigzag continuation) targeting ~4905
Condition: short-term oversold environment with liquidity sweep completed
ββββββββββ π§± KEY LEVELS βββββββββ
π΄ Resistance:
4602.35
4640.37
π’ Support:
4571.41
4501.15
ββββββββββ π§ TREND CONTEXT βββββββββ
Daily: π΄ Downtrend
Weekly: π΄ Downtrend
Price remains below EMA34 & EMA89
H1 RSI shows short-term exhaustion
ββββββββββ π― TRADE SETUP βββββββββ
π€ AI Consensus: 2 / 2 β BUY
π’ Long Position
Entry: 4572.36
Stop Loss: 4560.05
π― Targets:
TP1: 4632.39 (50%)
TP2: 4668.56 (50%)
βοΈ Risk/Reward: 3.1 : 1
π Setup rationale:
Entry aligned with order block (4570β4582)
Supported by FVG zone + liquidity sweep
RSI indicates oversold rebound potential
Stop placed just below recent swing low (4558.63)
ββββββββββ β οΈ RISK NOTE βββββββββ
Maintain strict risk control: 1β2% per trade max
Downtrend remains dominant; bullish move is corrective unless structure breaks higher
ββββββββββββββββββ $XAU/USD
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