Gold (XAU/USD) 4H Technical Analysis
- Price Action: Gold is trading at $2,909, consolidating below the identified selling area ($2,920 - $2,930) after a break of structure (BOS) and rejection from previous highs.
- Trend Analysis: The previous upward trendline was broken, signaling a potential bearish shift.
- Key Levels:
- Selling Area: $2,920 - $2,930 (strong resistance)
- Key Decision Zone: $2,881 (support-turned-resistance)
- Targets: $2,859 (1st target) and $2,838 (2nd target)
- Outlook: If price fails to break above the key decision area, further downside toward $2,859 and $2,838 is likely. However, a strong break above $2,920 could invalidate the bearish setup.
📉 Bearish bias unless price reclaims key resistance levels.
If you enjoy, press the like button.
- Price Action: Gold is trading at $2,909, consolidating below the identified selling area ($2,920 - $2,930) after a break of structure (BOS) and rejection from previous highs.
- Trend Analysis: The previous upward trendline was broken, signaling a potential bearish shift.
- Key Levels:
- Selling Area: $2,920 - $2,930 (strong resistance)
- Key Decision Zone: $2,881 (support-turned-resistance)
- Targets: $2,859 (1st target) and $2,838 (2nd target)
- Outlook: If price fails to break above the key decision area, further downside toward $2,859 and $2,838 is likely. However, a strong break above $2,920 could invalidate the bearish setup.
📉 Bearish bias unless price reclaims key resistance levels.
If you enjoy, press the like button.
Nota
sell gold 2913, SL 2918, TP 2900.Nota
Target achieved , from 2913 to 2900 , 130 pips+ profit and 1:5 risk to reward ratio.
Trade attivo
Trade activated after breakdown and retest done of support become resistance area, it's time to fall.Nota
Congratulations guys, price start falling from 2898, let's see, just hold your trades towards target.Nota
Price start falling from 2925, Nota
price hit target area 2905, 200 pips+ profit booked.Trade chiuso: obiettivo raggiunto
Nota
2885 also a key decision area, and we booked 300 pips+ profit from 2890-2920.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.