The market is gradually entering a phase of high-level oscillation. Following a rapid breakout, gold price volatility has intensified, and short-term divergence between bulls and bears has widened, with signs that some profit-taking is already underway.
On the 4-hour chart, the gold price exhibits a clear "stepped" upward structure; however, the short-term RSI has entered high territory, and momentum indicators show signs of bearish divergence, suggesting a slowdown in the upward pace. If the price fails to sustain a breakout above $4,120 on significant volume, it may enter a period of consolidation at high levels. Key support lies in the $4,050 zone—an area marking a previous breakout platform and a cluster of short-term moving averages; a failure to hold this level could trigger a temporary pullback. Conversely, a high-volume breakout above the $4,220 mark could initiate a new leg of the trend. Overall, the short-term trend remains bullish, though increased volatility implies a simultaneous rise in trading risk.
On the 4-hour chart, the gold price exhibits a clear "stepped" upward structure; however, the short-term RSI has entered high territory, and momentum indicators show signs of bearish divergence, suggesting a slowdown in the upward pace. If the price fails to sustain a breakout above $4,120 on significant volume, it may enter a period of consolidation at high levels. Key support lies in the $4,050 zone—an area marking a previous breakout platform and a cluster of short-term moving averages; a failure to hold this level could trigger a temporary pullback. Conversely, a high-volume breakout above the $4,220 mark could initiate a new leg of the trend. Overall, the short-term trend remains bullish, though increased volatility implies a simultaneous rise in trading risk.
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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.