Spot Gold (XAU/USD) is trading at a critical technical juncture on the H1 timeframe. Following a sharp V-shaped recovery off local demand, price action is consolidating inside a developing rising wedge structure, establishing clear technical boundaries for both bullish expansion and corrective downside scenarios....
ForexSan Analysis Team
16/10/2026Overview Spot Gold (XAU/USD) has staged a strong short-term rally following a liquidity sweep at lower demand levels. Price action is currently pushing into a major supply confluence marked by the H1 Market Structure Shift (MSS) zone and a descending trendline, presenting a dual-scenario technical outline....
ForexSan Analysis Team
15/10/2026Spot Gold (XAU/USD) has validated a bearish continuation following its rejection from the **4,215.00** double top (DT) and Quasimodo supply zone. Price has breached the lower trendline of the rising wedge pattern on the 1-hour timeframe, clearing local Market Structure Shift (MSS) levels and targeting macro higher-timeframe correction zones....
ForexSan Analysis Team
14/10/2026Overview Spot Gold (XAU/USD) has encountered heavy resistance at the upper boundary of its rising wedge pattern, forming a distinct double top (DT) and shifting market structure downward. The pullback toward the Quasimodo Level (QML) presents a high-probability short trade targeting lower structural support zones....
ForexSan Analysis Team
13/10/2026Overview Spot Gold (XAU/USD) continues to display high-probability technical patterns, respecting structural boundaries and offering clear expansion targets. Following a successful defense of the 4,168.85 invalidation level, market structure has shifted back in favor of the bulls, targeting upper Fibonacci extensions....
ForexSan Analysis Team
12/10/2026Overview Spot Gold (XAU/USD) has surged into the 4,192.55 – 4,224.71 H4 Sell Zone after executing a clean Market Structure Shift (MSS) above lower consolidation levels. While higher-timeframe order flow shows renewed bullish momentum, immediate price action is testing significant overhead supply, suggesting a temporary corrective pullback before a potential breakout above 4,224.71....
ForexSan Analysis Team
09/10/2026Overview Spot Gold (XAU/USD) continues to trade inside a structured descending wedge pattern, developing an (a)-(b)-(c)-(d)-(e) corrective sequence. Following a rejection at sub-wave (d) near 4,144.280, price action has resumed its downward push, targeting lower Fibonacci extension levels and structural wedge support....
ForexSan Analysis Team
08/10/2026Overview Spot Gold (XAU/USD) has completed an Elliott Wave 5-impulse sequence within a downward channel, pushing price down to the 4,131.793 level. Following the loss of key structural support at 4,300 (Market Structure Shift / MSS), order flow remains heavily bearish on higher timeframes. However, current market structure suggests a short-term relief rally into overhead supply before the primary downtrend resumes toward key liquidity targets....
ForexSan Analysis Team
07/10/2026Overview Spot Gold (XAU/USD) is undergoing price compression inside the 4,132.733 – 4,153.491 demand block. The 1-hour chart displays a falling wedge pattern alongside a local Market Structure Shift (MSS), signaling an impending expansion move toward overhead supply before resuming its broader structural trend....
ForexSan Analysis Team
06/10/2026Overview Spot Gold (XAU/USD) has resumed its higher-timeframe bearish trend following a rejection at the 4,188.27 resistance level (0.618 Fibonacci retracement). Price action has broken below the lower boundary of an ascending corrective channel (bear flag), signaling an impulsive continuation leg targeting weekly liquidity....
ForexSan Analysis Team
01/10/2026Spot Gold (XAU/USD) has reached a critical technical turning point after completing its Wave (5) impulse downward into the 4,120 – 4,148 demand zone. Following the liquidity sweep, price action is exhibiting early signs of buyer absorption, setting up a potential multi-wave recovery toward overhead supply levels....
ForexSan Analysis Team
29/09/2026Spot Gold (XAU/USD) has extended its downward momentum, sweeping liquidity directly into the higher-timeframe demand block between 4,151.23 and 4,164.00. As price tests these extreme support levels, market structure points toward a potential relief retracement back into overhead supply levels....
ForexSan Analysis Team
28/09/2026The current price action demonstrates strong bullish momentum following a period of consolidation. The running 1-hour candle is expanding aggressively, breaking through immediate supply and shifting short-term order flow back in favor of buyers. A full-body candle close above the breakout level confirms structural alignment, establishing higher-high expectations and leaving behind clear demand areas below....
ForexSan Analysis Team
25/09/2026Gold (XAU/USD) continues its downward structure, moving into the completion phase of Wave (5). Price is currently testing the 4,240.00 – 4,260.00 demand zone, which serves as a crucial inflection point for either a relief rally or a deeper sell-off....
ForexSan Analysis Team
24/09/2026Gold (XAU/USD) is trading within a structured 5-wave bearish sequence on the 1-hour timeframe. Following the completion of Wave (3) near 4,291.31, price action is currently developing a Wave (4) corrective retracement before the anticipated final Wave (5) impulse downward....
ForexSan Analysis Team
23/09/2026The chart highlights a classic combination of Elliott Wave theory and Smart Money Concepts (SMC) price action. Following a significant downward impulsive move, price has completed major Wave 1 and Wave 2 legs and is currently completing corrective structures within a broader consolidation range....
ForexSan Analysis Team
22/09/2026Gold (XAUUSD) on the 1-hour time frame is currently consolidating right above a key demand zone. We are waiting for a classic liquidity sweep of the low at 4342.53 to grab sell-side liquidity before confirming a high-probability bullish reversal/continuation higher....
ForexSan Analysis Team
21/09/2026Gold (XAU/USD) has delivered a strong bullish expansion, completing a full 5-wave impulse sequence (i)-(ii)-(iii)-(iv)-(v) into a major overhead supply zone near 4,400. Market participants should now monitor for a corrective pullback to offer a high-probability re-entry setup....
ForexSan Analysis Team
18/09/2026Gold (XAU/USD) is currently testing a significant structural inflection point on the 1-hour timeframe. Following an impulse sequence, price action is consolidating inside a crucial retest zone defined by a Breaker Block (BB) and an active Bearish Trendline....
ForexSan Analysis Team
10/09/2026Gold (XAUUSD) remains in a well-defined bullish expansion on the 1-hour timeframe. Following the break above previous structural resistance at $4,315.70, price is currently forming a high-probability retest structure before targeting upper liquidity pools around $4,387....
ForexSan Analysis Team
16/09/2026