GOLD Analysis

📊 Pattern Overview
The chart shows a Bearish Harmonic Pattern – likely a Bearish Gartley / Bat completion near the top zone.
You’ve marked the key structure points X–A–B–C–D, and the final leg D has completed near a precise Fibonacci confluence, indicating potential reversal.

🔍 Momentum & Confirmation
Expect bearish divergence on RSI/MACD near point D.
Watch for reversal candles — like bearish engulfing or shooting star — for entry confirmation.
A break and retest below the $4,210 line adds conviction for a short setup.

✅ Summary
Parameter Observation
Pattern Bearish Harmonic (Gartley/Bat)
Current Bias Bearish Reversal Likely
Reversal Zone $4,210–$4,225
Confirmation Line $4,210 (as labeled)
Targets $4,170 → $4,110 → $4,060
Stop-loss Above $4,235 (swing high)

Conclusion
Gold’s 1H chart is signaling a potential reversal from harmonic completion.
Only if the price closes below $4,210 with momentum confirmation, we can expect a correction toward $4,100–$4,060 levels.
Until then, the structure remains in a potential reversal zone, not yet active.



Disclaimer:
This analysis is for educational and technical research purposes only and does not constitute financial advice. Always confirm trade entries using volume, price action, and your personal risk parameters.