After gold broke below the 4640 zone, the market officially moved out of the previous sideways range and started showing a clearer direction.
Gold is now retesting important support zones:
4540 | 4520 | 4500
If these levels fail, the market could extend the decline toward:
4460 | 4440 | even 4400
Personal View
I still prefer SELL positions overall.
At this stage, BUY setups are mostly short-term rebounds based on price reactions at support zones.
The current bearish momentum is also being supported by rising oil prices, as oil continues pushing higher and retesting the major resistance area around $104–105.
Trading Plan
Prefer SELL positions following the current trend
Look for sell entries on pullbacks into resistance
Short-term BUY scalp only at strong support zones
Stay cautious of deep liquidity sweeps before continuation moves
Another important point is that RSI on M15, M30, and H1 is already showing oversold conditions.
However, that does not automatically mean the market is ready to reverse.
I still prefer waiting for stronger convergence signals and clearer price reactions before considering longer-term BUY positions again.
Main Idea
Gold has officially left the range, and the market is gradually shifting toward the SELL side.
Until the structure is reclaimed, selling the trend remains the priority.
“The market rarely reverses when everyone already sees oversold conditions — it usually sweeps one more time first.”
If 4500 truly breaks…
Will the market enter panic selling — or will that become the beginning of the next major rebound?
Gold is now retesting important support zones:
4540 | 4520 | 4500
If these levels fail, the market could extend the decline toward:
4460 | 4440 | even 4400
Personal View
I still prefer SELL positions overall.
At this stage, BUY setups are mostly short-term rebounds based on price reactions at support zones.
The current bearish momentum is also being supported by rising oil prices, as oil continues pushing higher and retesting the major resistance area around $104–105.
Trading Plan
Prefer SELL positions following the current trend
Look for sell entries on pullbacks into resistance
Short-term BUY scalp only at strong support zones
Stay cautious of deep liquidity sweeps before continuation moves
Another important point is that RSI on M15, M30, and H1 is already showing oversold conditions.
However, that does not automatically mean the market is ready to reverse.
I still prefer waiting for stronger convergence signals and clearer price reactions before considering longer-term BUY positions again.
Main Idea
Gold has officially left the range, and the market is gradually shifting toward the SELL side.
Until the structure is reclaimed, selling the trend remains the priority.
“The market rarely reverses when everyone already sees oversold conditions — it usually sweeps one more time first.”
If 4500 truly breaks…
Will the market enter panic selling — or will that become the beginning of the next major rebound?
📊 XAUUSD & Forex Trading📈 Intraday setups – risk-managed⏱️ Live alerts + technical reasoning🧠 Consistency over hype📌 Trade the plan. Manage the risk.👉 Full signals & real-time insights
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
📊 XAUUSD & Forex Trading📈 Intraday setups – risk-managed⏱️ Live alerts + technical reasoning🧠 Consistency over hype📌 Trade the plan. Manage the risk.👉 Full signals & real-time insights
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.