On the daily log scale, gold’s Monday candle reflects indecision, with a small-bodied candle near the 5,400 zone following a prior gap higher — raising short-term exhaustion risks.
A weekly close above 5,430 would reopen upside momentum toward 5,600 and potentially the 6,000 threshold.
On the downside, extended profit taking with a close below the 5,070 zone exposes 4,970, 4,780, and 4,670. The steeper scenario revisits the February 2026 low near 4,380 from a medium-term perspective.
- Razan Hilal, CMT
A weekly close above 5,430 would reopen upside momentum toward 5,600 and potentially the 6,000 threshold.
On the downside, extended profit taking with a close below the 5,070 zone exposes 4,970, 4,780, and 4,670. The steeper scenario revisits the February 2026 low near 4,380 from a medium-term perspective.
- Razan Hilal, CMT
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.