@capitalmanagementservice: This is my analysis on XAUUSD on the 15 minute time-frame We have seen price retrace a lot lower than expected but the idea still stands that we are waiting patiently to see a shift in market structure before looking for any buy positions After a strong bullish impulsive move from 0.61800 we are now seeing price correct to the down side in bearish market structure forming lower lows followed by lower highs. I am anticipating a possible inverse head and shoulders pattern to form which aligns with the 61.8 Fibonacci level which is known as the golden zone I will be waiting for a higher high to be formed which will confirm buyers regaining control of the market. At this point we can consider a buy position in the form of a pullback being formed creating a higher low in the market ~ NB ~ This is not a trading signal or financial advice. Trading carries risk. Want to know what services I provide? Click the link in my bio! #XAUUSD #GoldTrading #PriceAction #ForexTrading #Trading

TRADER EPHRAIM

Open In TikTok:

Region: NG

Monday 05 October 2026 22:32:00 GMT