Gold Analysis and Trading Strategy | November 24-25

✅ 4-Hour Chart Analysis (H4)
1️⃣ Market Structure: Weak rebound, strong resistance above

Gold is currently trading around 4095, standing above MA5, MA10, and MA20. This shows that the short-term rebound is still valid. However, the moving averages have not formed a bullish expansion, meaning the market is still in a corrective rebound after a decline, not a strong uptrend.

Price is approaching the key resistance at 4100–4103 (First Resistance). Above this level lies the Bollinger upper band near 4114, where selling pressure will increase significantly.

➡️ The upward space is limited; the rebound is entering its later stage.

2️⃣ Bollinger Bands: Above mid-band, approaching upper-band

Mid-band ≈ 4070

Price has broken above the mid-band → rebound confirmed

But upper-band at 4113–4115 → strong Resistance
➡️ Gold is in the later phase of the rebound, chasing long positions here has higher risk.

3️⃣ Key Levels
🔴Resistance: 4103 / 4113–4120
🟢Support: 4068 / 4050
As long as price stays above 4068–4070, the rebound structure remains intact.

✅ 1-Hour Chart Analysis (H1)
1️⃣ Price rejected at 4101 resistance, momentum weakening

From the 1H chart:

Price touched 4101–4103 and immediately pulled back

Bollinger upper band near 4105

Bullish momentum is slowing down

This is a typical structure:
➡️ Short-term rebound → hit resistance → pullback

2️⃣ Moving averages remain bullish, but market entering high-level consolidation

MA5 and MA10 are still rising, but strong rejection at resistance indicates high-level consolidation, not strong continuation.

If price drops below MA10 (≈4085), short-term pullback may begin.

3️⃣ Key Levels
🔴Resistance: 4101–4105 / 4110-4115
🟢Support: 4080–4085 (minor support) / 4063 (pivot support)


✅ Trading Strategy
🔰 Primary Plan: Sell on Rebounds
📍 4110-4115 resistance zone
If price retests this zone but fails to break through, consider short entries.
Targets: 4085 / 4070
Stop loss: Above 4120

🔰 Secondary Plan: Buy on Pullbacks
📍 4068–4072 support zone
If price pulls back and stabilizes, small-lot long positions can be considered.
Targets: 4095 / 4100
Stop loss: Below 4058

🔹Gold is currently near strong resistance around 4100, short-term bullish momentum is weakening, and the market favors selling the rebound rather than chasing longs.

🔹After rebounding from 4050 to the 4100 region, gold has reached a heavy resistance zone (previous highs + Bollinger upper band). The probability of continued upward movement decreases.

🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions.