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Oct 06, 2025

Trade ideas

XAUUSD: Potential rebound?

XAUUSD, H4

XAUUSDH4.png

On the H4, XAUUSD has once again updated its high, and the price has reached 161.8 Fibonacci and the global trend line. A divergence has formed on the RSI, and the price has crossed the upper Bollinger band. 

  • We are considering selling XAUUSD only if there is confirmation of a rebound from the trend line with a target of 3900.

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Egor Schmidt

Author: Egor Schmidt

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