Gold Spot/US Dollar rebounds from 0.618 Arc – Navigating between 0.5 and 0.618 Arcs

Mohamad Gharib Independent Analyst

XAU/USD: Arc cycle analysis™

Overview: Based on Arc Cycle Analysis applied to the 1h chart, Gold Spot / U.S. Dollar is rebounding from the 0.618 Resistance Arc and is trading between the 0.5 Arc and the 0.618 Arc within the current Arc Cycle. The next directional move depends on how price behaves between these two Arc boundaries.

Market outlook

Price is rebounding from the 0.618 Resistance Arc and is navigating between the 0.5 Arc and the 0.618 Arc. If the market moves back up and breaks above the 0.618 Arc, the next target would be 4,118. Conversely, if the rebound off the 0.618 Arc continues and price forms a new lower low, the target would be 3,998. However, no signal has been confirmed yet, and the preferred approach is to await a clear reaction at the Arc levels before anticipating the next move.

Author

Mohamad Gharib

Independent Analyst

Mohamad Gharib is a Financial Markets Analyst and Quantitative Researcher with more than 18 years of experience in financial markets, including 15 years as an FX Quant Trader.

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