18/11/2025
TUE, 18 NOV 25, 7.18PM
XAUUSD Pair Technical Analysis
Price Interaction & Confirmation Signals:
• Price created a series of Lower Highs (LH) and Lower Lows (LL) down from the Major Resistance zone, confirming rejection from resistance and bearish bias.
• The SSR Zone (4,075–4,100) has acted as support repeatedly: look for bullish rejection wicks, pin bars, or engulfing candles at this level for confirmation of buying interest .
• Major Resistance (4,245–4,300) shows past swing highs and strong reversal; bearish engulfing or strong rejection confirms sellers’ control .
• Minor hidden bases (gray shaded boxes) indicate previous consolidation or support-turned-resistance.
Volume & Momentum at Key Zones.
• Momentum indicators from recent technical readings (RSI near 50, Momentum negative, MACD sell) reflect consolidation/neutral to bearish sentiment near the support zone.
• Observe for a spike in buying volume alongside bullish candles at the support zone to confirm potential upward bias.
Retests & Break Scenarios.
• Watch for retests of 4,075–4,100. Confirm breakouts (bullish) if price closes strongly above this zone; failures or bearish signals signal shorts toward next support.
• If price rallies toward 4,140–4,245, analyze candles and volume: weak momentum or rejection here indicates a likely reversal.
• Daily close above 4,100 can provide bullish bias and a target toward 4,200+; drop below 4,034–4,075 exposes the lower supports.
Broader Trend Context:
• Current trend shows a correction after a strong previous uptrend (Higher Highs to Lower Lows transition).
• As long as price holds above support zones, bias remains neutral-to-bullish; failure to hold signals possible extended downside within broader uptrend.
Points of Interest & Zones:
• SSR Zone (4,075–4,100): High-confluence area, marked on chart for monitoring major trade pivots .
• Major Resistance (~4,245–4,300): Swing reversal and potential sell zone for aggressive traders.
• Hidden Bases: Marked consolidation areas for intraday pivots or short-term trades.
Summary Bias:
• Bullish bias if price holds 4,034 or above the SSR Zone (4,075–4,100) and closes above resistance zones (targeting 4,140, 4,200, and 4,245+) .
• Bearish bias if price rejects at resistance (4,140–4,245) and breaks support zones (below 4,034–4,075), targeting deeper supports .
Disclaimer:
Forex Involves High Risk, this is not an Advice, ONLY for education purpose.